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

The most common issue consumers report about Novea Portfolio Management LLC is "Attempts to collect debt not owed", specifically "Not given enough info to verify debt". This is based on 17 complaints filed with the CFPB.

Are complaints against Novea Portfolio Management LLC increasing or decreasing?

Complaints against Novea Portfolio Management LLC are falling. The company received 1 complaints in the last 12 months, showing improvement over prior periods.

What is Novea Portfolio Management LLC's reputation grade?

Novea Portfolio Management LLC has a reputation grade of D (score: 51.7/100), PlainCollector's composite letter grade blending complaint volume, response timeliness, dispute rate, and complaint trend.

Does Novea Portfolio Management LLC respond to consumer complaints?

Novea Portfolio Management LLC has a 81% timely response rate to CFPB complaints. Consumers disputed the company's response in 50% of cases.

In how many states does Novea Portfolio Management LLC operate?

Novea Portfolio Management LLC has received CFPB complaints from consumers in 9 states, with the most complaints from California (8 complaints).

This data comes from the CFPB Consumer Complaint Database and reflects consumer complaints, not proven violations.

Novea Portfolio Management LLC - Debt Collector Complaint Profile

CFPB complaint profile across 9 states, reputation grade D.

Compiled by PlainCollector

Attempts to collect debt not owed

3
Took or threatened to take negative or legal action

3
Disclosure verification of debt

3
False statements or representation

2
Cont'd attempts collect debt not owed

2
Electronic communications

2

Data updated September 2026

CFPB complaint disposition

CCDB record novea-portfolio-management-llc Novea Portfolio Management LLC

Grade D · 17 CFPB filings · 81% timely · lead issue: Attempts to collect debt not owed · vol #2049 · compose #3923

VOL 17
GRADE D
12MO 1
STATES 9
TIMELY 81%
DISPUTE 50%
ISSUE Attempts to collect debt n…
RANK #2,049
COMPOSE #3,923

Volume peers

Nearest volume peer: A/R Concepts, Inc. (17 complaints)

CFPB complaint volume neighbourhood (this collector + nearest volume peers)

Novea Portfolio Management LLC's 17 CFPB complaints sit next to A/R Concepts, Inc. on the volume neighbourhood; peer NAMES stay, and disposition VALUES are this collector's. Grades compare collectors to each other - a complaint is a filing, not a proven violation. How to read a complaint count →

State-heavy filing map

47.1% of Novea Portfolio Management LLC's CFPB filings land in California

High volume does not equal a clean composite: Novea Portfolio Management LLC is volume #2,049 but composite #3,923, while California dominates the geography. Corpus placement method.

Dominant state: California 47.1%; 8 of 17 filings · 9 states touched
Spike month: 2016-03 30.9%; 17 filings that month · spiky (≥15% of series)
Divergent corpus ranks: #2,049 volume; #3,923 composite; Cleanest-composite ladder is 1,874 places worse than volume

How does Novea Portfolio Management LLC compare to its peers?

How does Novea Portfolio Management LLC compare? Versus a similar-volume peer and the national average (collectors with ≥50 total complaints), drawn from 10 collectors with a comparable complaint count

Novea Portfolio Manage… National average

Complaints (last 12 mo)lower is better

268

Timely-response ratehigher is better

81%

100%

91%

Consumer-dispute ratelower is better

50%

19%

Source: CFPB Consumer Complaint Database.

Complaint Trend (24 months)

2015-12 2025-03

Issue Detail Breakdown

Issue	Complaints
Attempts to collect debt not owed	3
Took or threatened to take negative or legal action	3
Disclosure verification of debt	3
False statements or representation	2
Cont'd attempts collect debt not owed	2
Electronic communications	2
Written notification about debt	1
Taking/threatening an illegal action	1

Where do complaints against Novea Portfolio Management LLC come from?

Novea Portfolio Management LLC's own per-state count, not a national baseline.

California

8
Minnesota

2
Arizona

1
Delaware

1
Florida

1
Montana

1
Ohio

1
Pennsylvania

1

Compare beyond geography

Nationwide peers by volume & timely response

Two PlainCollector-derived comparison paths for Novea Portfolio Management LLC: nearest all-time CFPB complaint volume and nearest CFPB timely-response rate among collectors with at least 100 logged complaints. State breakdowns above stay geographic; these neighborhoods vary by metric.

Similar filing volume

Nearest collectors by total CFPB complaints. This record: 17.

4 peers

Know your rights before responding to Novea Portfolio Management LLC: FDCPA rights guide · debt validation letter · rights library.

Data sourced from the CFPB Consumer Complaint Database. See our methodology for details. Retrieved and formatted by PlainCollector

According to the Consumer Financial Protection Bureau's Consumer Complaint Database, 1,139,236 debt collection complaints are represented in the current PlainCollector snapshot. See our methodology for how PlainCollector computes each company's reputation grade from this data.

Every figure on PlainCollector is rendered directly from federal source data, no number is typed in by an editor. This page draws directly on federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.