CFPB · Diversified product mix

Reach Financial LLC

61 CFPB complaints · diversified mix (top product 26.2%) · top issue Incorrect information on your report.

61 CFPB complaints

Reach Financial LLC: top product "Debt collection" is only 26.2% of 61 - multi-bucket mix. Timely 100% · relief 1.6%. Allegations, not findings.

  • Diversified product mix
  • +2000% filings 2018 to 2026

CFPB relief outcome brief

CCDB company reach-financial-llc

1.6% relief · 100% timely · 61 filings · Debt collection

Nearest relief peer: Colony Brands, Inc. (1.6% relief)

Reach Financial LLC (this)1.6%Credit Bureau of Carbon Coun…3%Credit Service Company0%Independent Bank Corp.15%American Capital Enterprises…1%
Closed-with-relief % among Reach Financial LLC and nearest filing-volume peers

Reach Financial LLC closes 1.6% with relief, above the 1.3% industry median among companies with ≥10 complaints. How CFPB response codes work →

Most of Reach Financial LLC's 61 filings include narrative text

41% carry a written consumer narrative, this ledger is unusually text-rich for a CFPB company page. Counts still add to the company's total filings; narrative presence is not a severity finding.

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Timely response rate 100.0%
Federal benchmark

CFPB benchmark: response within 15 calendar days of filing.

Relief rate 1.6%
Industry median (≥10 complaints)

Share closed with monetary or non-monetary relief.

Reach Financial LLC complaint mix by product

Total complaints: 61

Reach Financial LLC complaint mix by product Horizontal strip chart. Width of each segment is proportional to that category's share of the 61 total complaints. Trend arrow shows rolling 12-month direction. Inline badge shows resolution rate (% closed with relief). Debt collection: 16 complaints (26.7%), resolution 0.0% Debt collection 26.7% Credit reporting: 13 complaints (21.7%), resolution 7.7% Credit reporting 21.7% Payday loan,: 11 complaints (18.3%), resolution 0.0% Payday loan, 18.3% Debt or: 10 complaints (16.7%), resolution 0.0% Debt or 16.7% Payday loan,: 6 complaints (10.0%), resolution 0.0% Payday loan, 10.0% Credit card: 2 complaints (3.3%), resolution 0.0% Credit reporting,: 2 complaints (3.3%), resolution 0.0%
  • Debt collection 16 26.7% 0% relief
  • Credit reporting 13 21.7% 8% relief
  • Payday loan, 11 18.3% 0% relief
  • Debt or 10 16.7% 0% relief
  • Payday loan, 6 10.0% 0% relief
  • Credit card 2 3.3% 0% relief
  • Credit reporting, 2 3.3% 0% relief

How Reach Financial LLC's 61 complaints split across CFPB product categories. Resolution rate badge = % closed with monetary or non-monetary relief.

Complaints by Product

Product Complaints
Debt collection 16
Credit reporting or other personal consumer reports 13
Payday loan, title loan, personal loan, or advance loan 11
Debt or credit management 10
Payday loan, title loan, or personal loan 6
Credit card 2
Credit reporting, credit repair services, or other personal consumer reports 2
Money transfer, virtual currency, or money service 1

Where Reach Financial LLC complaints are filed

Top states by attributed CFPB complaint volume for this company

Concentrated footprint
Leading state
CA
13.1% of this company's filings
CA8IL5PA5GA4FL4AR4TX4NY3

Reach Financial LLC rising annual filings

Annual filing volume from the CFPB public database

Rising vs first year
2026
21
+2000% vs 2018
0510152025 201820192020202120222023202420252026 21

Top States

State Complaints
CA 8
IL 5
PA 5
GA 4
FL 4
AR 4
TX 4
NY 3
VA 3
AZ 3
MN 2
NC 2
AL 2
SC 2
WI 1
RI 1
MA 1
MO 1
MD 1
KS 1

Top Issues

Issue Complaints
Incorrect information on your report 9
Charged fees or interest you didn't expect 7
False statements or representation 6
Improper use of your report 4
Confusing or missing disclosures 4
Took or threatened to take negative or legal action 4
Charged upfront or unexpected fees 3
Attempts to collect debt not owed 3
Written notification about debt 2
Unauthorized withdrawals or charges 2
Problem with a company's investigation into an existing problem 2
Problem when making payments 2
Getting the loan 2
Struggling to pay your loan 2
Confusing or misleading advertising or marketing 2
Didn't provide services promised 1
Threatened to contact someone or share information improperly 1
Other features, terms, or problems 1
Problem with the payoff process at the end of the loan 1
Advertising and marketing, including promotional offers 1

Yearly Trend

Year Complaints Timely
2018 1 100%
2019 2 100%
2020 1 100%
2021 4 100%
2022 2 100%
2023 6 100%
2024 5 100%
2025 19 100%
2026 21 100%

Source: CFPB Consumer Complaint Database

Reach Financial LLC spreads across product buckets

Reach Financial LLC's 61 logged complaints stay concentrated: only 23 states show a filing. 41% of filings carry a written consumer narrative, an unusually well-documented record. Records run from 2018 through 2026-05-14.

Reach Financial LLC answers 100% of complaints inside the CFPB's tracked window and closes 98.4% with a written explanation. 1.6% end in monetary or non-monetary relief for the consumer. Consumers disputed just 0% of responses after the company replied. "Debt collection" draws the most filings, most often for "Incorrect information on your report."

A complaint is a consumer-reported allegation, not proven wrongdoing. See the disclaimer below for how volume relates to company size, and cross-check against the CFPB Consumer Complaint Database directly before drawing conclusions about Reach Financial LLC.

Compare beyond geography

Nationwide peers by volume & timely response

Two PlainComplaint-derived comparison paths for Reach Financial LLC: nearest filing volume and nearest CFPB timely-response rate among companies with at least 100 logged complaints. State breakdowns above stay geographic; these neighborhoods vary by metric.

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.

Data sourced from official public datasets for Reach Financial LLC (100% timely; 1.6% relief). methodology.

Retrieved and formatted by PlainComplaint · vintage June 2026 · Diversified product mix