Total CFPB complaints
44
All-time across CCDB intake
This data comes from the CFPB Consumer Complaint Database and reflects consumer complaints, not proven violations.
2026 CFPB data Public-data reference. FDCPA reference 44 complaints
BAM Financial, LLC — Debt Collector Complaint Profile
CFPB complaint profile across 20 states. Updated as new federal complaint data lands in the upstream Consumer Complaint Database.
Complaints by issue type
What consumers report about BAM Financial, LLC
- Communication tactics
Communication tactics
10 complaints
- Cont'd attempts collect debt not owed
Cont'd attempts collect debt not owed
9 complaints
- Taking/threatening an illegal action
Taking/threatening an illegal action
9 complaints
- Improper contact or sharing of info
Improper contact or sharing of info
6 complaints
- False statements or representation
False statements or representation
4 complaints
F
Grade F · 47.3/100 composite
This collector has a failing complaint record with very high complaint volumes and poor response rates.
What do CFPB complaints reveal about BAM Financial, LLC?
BAM Financial, LLC has accumulated 44 total CFPB complaints across 20 states, with 0 filed in the most recent 12 months against 44 historical complaints before that window. The trailing-12-month volume represents 0.0% of the full complaint history, a stable pattern that indicates a mature dispute profile with predictable monthly volumes.
The dominant consumer grievance logged with the CFPB is "Cont'd attempts collect debt not owed", narrowing to "Debt is not mine", which aligns with FDCPA-regulated conduct and signals the operational area most likely to trigger regulator scrutiny. The company posts a 61% timely-response rate against a 34% consumer-dispute-after-response rate, a pairing that calibrates how well its complaint-resolution workflow holds up once a consumer pushes back.
Complaints have been recorded across 20 states, led by California with 9 and Texas with 6, which matches a multi-state collection footprint rather than a regional operation. Normalized against the full CFPB collector database, the reputation score of 47.3/100 places BAM Financial, LLC in grade band F, a tier reached by blending complaint volume, response timeliness, dispute rates, and issue severity into a single comparable metric.
Complaint Summary
Last 12 months
0
0.0% of total history
Stable →
States active
20
Distinct state filings
Timely response rate
61%
Within CFPB SLA window
Consumer disputes
34%
After company response
Reputation grade
F
47.3/100 composite
Response-quality profile
How BAM Financial, LLC performs on CFPB resolution-quality metrics versus a fleet average benchmark drawn from the full debt-collection vertical.
Timely response within SLA 61.4%
Vertical avg
CFPB requires companies to respond within 15 days for most complaints; 60 days for credit-reporting.
Consumer dispute rate (post-response) 68.2%
Vertical avg
Lower is better. The percentage of consumers who flagged the company's response as unsatisfactory.
State coverage breadth 35.7%
Share of US states + territories with at least one filed complaint against this collector.
How does BAM Financial, LLC compare to its peers?
BAM Financial, LLC National average
Complaints (last 12 mo)lower is better
Timely-response ratehigher is better
Consumer-dispute ratelower is better
Source: CFPB Consumer Complaint Database. Complaints reflect consumer reports, not proven violations.
Complaint Trend (24 months)
2013-12 2017-03
Top Consumer Issues
Cont'd attempts collect debt not owed9 (%)
Taking/threatening an illegal action9 (%)
Communication tactics10 (%)
False statements or representation4 (%)
Improper contact or sharing of info6 (%)
Most common issue: Cont'd attempts collect debt not owed — Debt is not mine
Know Your Rights
If this company is contacting you, you have rights under the FDCPA. They must stop contacting you if you send a written cease-communication request. You can also request written validation of the debt within 30 days.
Issue Detail Breakdown
| Issue | Sub-Issue | Complaints |
|---|---|---|
| Cont'd attempts collect debt not owed | Debt is not mine | 7 |
| Taking/threatening an illegal action | Threatened to sue on too old debt | 6 |
| Communication tactics | Threatened to take legal action | 4 |
| False statements or representation | Impersonated an attorney or official | 4 |
| Communication tactics | Frequent or repeated calls | 4 |
| Improper contact or sharing of info | Contacted me after I asked not to | 4 |
| Taking/threatening an illegal action | Threatened arrest/jail if do not pay | 3 |
| Communication tactics | Called after sent written cease of comm | 2 |
| Improper contact or sharing of info | Talked to a third party about my debt | 2 |
| Cont'd attempts collect debt not owed | Debt was paid | 2 |
Where do complaints against BAM Financial, LLC come from?
The states where consumers have filed the most CFPB complaints against BAM Financial, LLC. Every figure is the company's own complaint count in that state — not a national baseline.
Top states by complaints against BAM Financial, LLC
Across 20 states with at least one filing
- California
California
9 complaints
- Texas
Texas
6 complaints
- Florida
Florida
5 complaints
- New Jersey
New Jersey
4 complaints
- Pennsylvania 3
Pennsylvania
3 complaints
- North Carolina 2
North Carolina
2 complaints
- Arizona 2
Arizona
2 complaints
- Maine 1
Maine
1 complaints
Frequently Asked Questions
What is the most common complaint against BAM Financial, LLC? ▼
The most common issue consumers report about BAM Financial, LLC is "Cont'd attempts collect debt not owed", specifically "Debt is not mine". This is based on 44 complaints filed with the CFPB.
Are complaints against BAM Financial, LLC increasing or decreasing? ▼
Complaints against BAM Financial, LLC have been stable. The company received 0 complaints in the last 12 months.
What is BAM Financial, LLC's reputation grade? ▼
BAM Financial, LLC has a reputation grade of F (score: 47.3/100). This collector has a failing complaint record with very high complaint volumes and poor response rates.
Does BAM Financial, LLC respond to consumer complaints? ▼
BAM Financial, LLC has a 61% timely response rate to CFPB complaints. Consumers disputed the company's response in 34% of cases.
In how many states does BAM Financial, LLC operate? ▼
BAM Financial, LLC has received CFPB complaints from consumers in 20 states, with the most complaints from California (9 complaints).
What can I do if BAM Financial, LLC is contacting me? ▼
Under the Fair Debt Collection Practices Act (FDCPA), you have the right to request written debt validation within 30 days of first contact. You can also send a cease-communication letter to stop calls. If BAM Financial, LLC violates the FDCPA, you may be able to sue for damages up to $1,000 plus attorney fees.
Consumer Guides
Primary source data
Read our methodology — how this data is sourced, computed, and verified.
Related
Data sourced from the CFPB Consumer Complaint Database. See our methodology for details. Retrieved and formatted by PlainCollector Editorial
| Publisher | Kiznis Studio |
| Sources | the CFPB Consumer Complaint Database |