2026 data Public-data reference. official source

Novea Portfolio Management LLC

15 consumer complaints recorded in the CFPB Consumer Complaint Database, with breakdowns by product, state, and complaint year.

15 consumer complaints filed with the CFPB

This profile shows Novea Portfolio Management LLC's complaint history from CFPB public records. 15 consumers have filed complaints since 2015. The company has a 73.3% timely response rate and has provided relief in 6.7% of cases.

15
Total Complaints
73.3%
Timely Response
20%
Disputed
6.7%
Relief Provided
9
States Active
2015
Since

Total complaints

15

Filed since 2015

Timely response

73.3%

CFPB-tracked response window

Relief rate

6.7%

Closed with monetary or non-monetary relief

Timely response rate 73.3%
Federal benchmark

CFPB benchmark: response within 15 calendar days of filing.

Relief rate 6.7%
Industry median

Share closed with monetary or non-monetary relief.

Novea Portfolio Management LLC complaint mix by product

Total complaints: 15

Novea Portfolio Management LLC complaint mix by product Horizontal strip chart. Width of each segment is proportional to that category's share of the 15 total complaints. Trend arrow shows rolling 12-month direction. Inline badge shows resolution rate (% closed with relief). Debt collection: 12 complaints (80.0%), resolution 8.3% Debt collection 80.0% Credit card: 1 complaints (6.7%), resolution 0.0% Credit card 6.7% Credit reporting,: 1 complaints (6.7%), resolution 0.0% Credit reporting, 6.7% Credit reporting: 1 complaints (6.7%), resolution 0.0% Credit reporting 6.7%
  • Debt collection 12 80.0% 8% relief
  • Credit card 1 6.7% 0% relief
  • Credit reporting, 1 6.7% 0% relief
  • Credit reporting 1 6.7% 0% relief

How Novea Portfolio Management LLC's 15 complaints split across CFPB product categories. Resolution rate badge = % closed with monetary or non-monetary relief.

Complaints by Product

Product Complaints
Debt collection 12
Credit card 1
Credit reporting, credit repair services, or other personal consumer reports 1
Credit reporting 1

Top States

State Complaints
CA 6
FL 2
SC 1
TX 1
GA 1
MN 1
PA 1
DE 1
MT 1

Top Issues

Issue Complaints
Disclosure verification of debt 3
Attempts to collect debt not owed 2
Cont'd attempts collect debt not owed 2
Credit card protection / Debt protection 1
Incorrect information on your report 1
Taking/threatening an illegal action 1
Electronic communications 1
Incorrect information on credit report 1
Took or threatened to take negative or legal action 1
False statements or representation 1
Written notification about debt 1

Yearly Trend

Year Complaints Timely
2015 4 75%
2016 4 25%
2020 2 100%
2021 1 100%
2022 2 100%
2024 1 100%
2025 1 100%

Source: CFPB Consumer Complaint Database CFPB Consumer Complaint Database

What the CFPB Record Shows About Novea Portfolio Management LLC

Novea Portfolio Management LLC has accumulated 15 consumer complaints in the CFPB public database, with filings active across 9 U.S. states. Of those submissions, 6 include a consumer narrative — the verbatim description of the reported problem that the CFPB collects alongside each filing. The earliest complaint on file dates back to 2015, and the most recent logged activity is 2025-02-15, giving this record a multi-year window of observable consumer sentiment.

Looking at response behavior, Novea Portfolio Management LLC reports a 73.3% timely-response rate and has closed 66.7% of cases with a written explanation to the consumer. 6.7% of complaints were closed with monetary or non-monetary relief — an outcome signal that tracks how often consumers walked away with some form of remediation. A further 20% of responses were formally disputed by the consumer after the company replied, a useful marker of resolution quality independent of sheer volume. The most-reported product category for this record is "Debt collection", and the single most common underlying issue is "Disclosure verification of debt".

Complaint volume is heavily influenced by company size, customer base, and market footprint — larger financial institutions routinely carry more filings purely because they serve more consumers. A complaint is a consumer-reported allegation, not proven wrongdoing, and a timely or relief-flagged closure does not by itself confirm fault. Use this page as one input among many when evaluating Novea Portfolio Management LLC: cross-check against the CFPB Consumer Complaint Database directly, review your own contract terms, and consult a licensed professional for financial, legal, or regulatory advice. This page is informational only.

Disclaimer: This data is from CFPB public records. PlainComplaint does not provide financial advice. A complaint does not indicate that a company has violated any law or regulation. Complaint volumes are influenced by company size, customer base, and market presence. Use this data as one of many inputs when evaluating a company.

Frequently Asked Questions

How many CFPB complaints does Novea Portfolio Management LLC have?

Novea Portfolio Management LLC has received 15 consumer complaints filed with the Consumer Financial Protection Bureau.

Does Novea Portfolio Management LLC respond to complaints on time?

Novea Portfolio Management LLC has a 73.3% timely response rate to CFPB complaints.

What is the most common complaint about Novea Portfolio Management LLC?

The most common issue reported against Novea Portfolio Management LLC is "Disclosure verification of debt" in the "Debt collection" product category.

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