CFPB · Single-product concentration

Sequoia Financial Services

403 CFPB complaints · 75.2% in "Debt collection" · top issue Attempts to collect debt not owed.

403 CFPB complaints

Sequoia Financial Services: 75.2% of 403 CFPB complaints sit in "Debt collection". Timely 96.5% · relief 1.2%. Allegations, not findings.

  • Single-product concentration
  • +92.3% filings 2017 to 2026

CFPB relief outcome brief

CCDB company sequoia-financial-services

1.2% relief · 96.5% timely · 403 filings · Debt collection

Nearest relief peer: Financial Recovery Services, Inc. (1.2% relief)

Sequoia Financial Services(this)1.2%American Advisors Group2.5%Property Receivables, Corp0%American CollectionsEnterprise, Inc.0%Medical Business Bureau2.2%
Closed-with-relief % among Sequoia Financial Services and nearest filing-volume peers

Sequoia Financial Services closes 1.2% with relief, below the 1.3% industry median among companies with ≥10 complaints. How CFPB response codes work →

Response Quality Score

Sequoia Financial Services scores strongest on closed with explanation (97/100 percentile-benchmarked) and weakest on relief provided (6/100), blended into one 0–100 composite against the CFPB-wide distribution among companies with 10+ complaints. See methodology for the benchmark and weights.

55 /100 grade C

Relief provided

6 / 100 percentile-benchmarked

1.2% of complaints closed with relief to the consumer

Timely response

94 / 100 percentile-benchmarked

96.5% of complaints answered inside the CFPB 15-day window

Closed with explanation

97 / 100 percentile-benchmarked

98.3% of complaints closed with an explanation to the consumer

Most of Sequoia Financial Services's 403 filings include narrative text

42.9% 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 96.5%
Federal benchmark

CFPB benchmark: response within 15 calendar days of filing.

Relief rate 1.2%
Industry median (≥10 complaints)

Share closed with monetary or non-monetary relief.

Sequoia Financial Services complaint mix by product

Total complaints: 403

Sequoia Financial Services complaint mix by product Horizontal strip chart. Width of each segment is proportional to that category's share of the 403 total complaints. Trend arrow shows rolling 12-month direction. Inline badge shows resolution rate (% closed with relief). Debt collection: 303 complaints (75.2%), resolution 1.7% Debt collection 75.2% Credit reporting,: 79 complaints (19.6%), resolution 0.0% Credit reporting, 19.6% Credit reporting: 21 complaints (5.2%), resolution 0.0%
  • Debt collection 303 75.2% – 2% relief
  • Credit reporting, 79 19.6% – 0% relief
  • Credit reporting 21 5.2% – 0% relief

How Sequoia Financial Services's 403 complaints split across CFPB product categories. Resolution rate badge = % closed with monetary or non-monetary relief.

Complaints by Product

Product Complaints
Debt collection 303
Credit reporting, credit repair services, or other personal consumer reports 79
Credit reporting or other personal consumer reports 21

Concentrated filing states for Sequoia Financial Services

Top states by attributed CFPB complaint volume for this company

Concentrated footprint
Leading state
CA
67% of this company's filings
CA270AZ43TX17SC11CO6NV6IL5NC5

Sequoia Financial Services rising annual filings

Annual filing volume from the CFPB public database

Rising vs first year
2026
25
+92.3% vs 2017
050100150 2017201820192020202120222023202420252026 25

Top States

State Complaints
CA 270
AZ 43
TX 17
SC 11
CO 6
NV 6
IL 5
NC 5
MI 4
LA 4
GA 3
UT 3
FL 3
PA 3
OH 2
NE 2
MO 2
NY 2
TN 2
HI 2

Top Issues

Issue Complaints
Attempts to collect debt not owed 174
Incorrect information on your report 63
Written notification about debt 49
False statements or representation 33
Took or threatened to take negative or legal action 30
Problem with a credit reporting company's investigation into an existing problem 16
Improper use of your report 11
Communication tactics 11
Problem with a company's investigation into an existing problem 6
Threatened to contact someone or share information improperly 5
Fraud or scam 2
Credit monitoring or identity theft protection services 2
Disclosure verification of debt 1

Yearly Trend

Year Complaints Timely
2017 13 100%
2018 33 78.8%
2019 42 95.2%
2020 51 98%
2021 113 100%
2022 21 95.2%
2023 23 100%
2024 42 92.9%
2025 40 100%
2026 25 100%

Source: CFPB Consumer Complaint Database

Sequoia Financial Services filings cluster in one product

Sequoia Financial Services's 403 logged complaints stay concentrated: only 25 states show a filing. 42.9% of filings carry a written consumer narrative, an unusually well-documented record. Records run from 2017 through 2026-06-23.

Sequoia Financial Services answers 96.5% of complaints inside the CFPB's tracked window and closes 98.3% with a written explanation. 1.2% 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 "Attempts to collect debt not owed."

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 Sequoia Financial Services.

Compare beyond geography

Nationwide peers by volume & timely response

Two PlainComplaint-derived comparison paths for Sequoia Financial Services: 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 Sequoia Financial Services (96.5% timely; 1.2% relief). methodology.

Retrieved and formatted by PlainComplaint · vintage June 2026 · Single-product concentration