What is the most common complaint against Robinhood Markets Inc.?

The most common issue consumers report about Robinhood Markets Inc. is "Attempts to collect debt not owed", specifically "Debt was result of identity theft". This is based on 49 complaints filed with the CFPB.

Are complaints against Robinhood Markets Inc. increasing or decreasing?

Complaints against Robinhood Markets Inc. are rising. The company received 28 complaints in the last 12 months, indicating an upward trend in consumer issues.

What is Robinhood Markets Inc.'s reputation grade?

Robinhood Markets Inc. has a reputation grade of D (score: 49.6/100), PlainCollector's composite letter grade blending complaint volume, response timeliness, dispute rate, and complaint trend.

Does Robinhood Markets Inc. respond to consumer complaints?

Robinhood Markets Inc. has a 89% timely response rate to CFPB complaints.

In how many states does Robinhood Markets Inc. operate?

Robinhood Markets Inc. has received CFPB complaints from consumers in 17 states, with the most complaints from California (7 complaints).

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

Robinhood Markets Inc. - Debt Collector Complaint Profile

CFPB complaint profile across 17 states, reputation grade D.

Compiled by PlainCollector

Attempts to collect debt not owed

27
Took or threatened to take negative or legal action

12
False statements or representation

6
Written notification about debt

3
Threatened to contact someone or share information improperly

1

Data updated September 2026

CFPB complaint disposition

CCDB record robinhood-markets-inc Robinhood Markets Inc.

Grade D · 49 CFPB filings · 89% timely · lead issue: Attempts to collect debt not owed · vol #1213 · compose #4187

VOL 49
GRADE D
12MO 28
STATES 17
TIMELY 89%
ISSUE Attempts to collect debt n…
RANK #1,213
COMPOSE #4,187

Volume peers

Nearest volume peer: Account Recovery Specialists, Inc. (49 complaints)

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

Robinhood Markets Inc.'s 49 CFPB complaints sit next to Account Recovery Specialists, 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 →

Distributed filing map

Robinhood Markets Inc. spreads filings across 17 states - California leads at only 14.3%

Despite a broad state map, Robinhood Markets Inc. still sits volume #1,213 against composite #4,187 - the two RankMaps diverge by 2,974 places. Corpus placement method.

Most-even geography: Lead state under 15%; California still leads at 14.3% across 17 states
Seasonal peak: 2014-12 10.8%; 8–15% band · 4 filings
Divergent corpus ranks: #1,213 volume; #4,187 composite; Cleanest-composite ladder is 2,974 places worse than volume

How does Robinhood Markets Inc. compare to its peers?

How does ROBINHOOD MARKETS INC. compare? Versus a similar-volume peer and the national average (collectors with ≥50 total complaints), drawn from 10 collectors with a comparable complaint count

ROBINHOOD MARKETS INC. National average

Complaints (last 12 mo)lower is better

268

Timely-response ratehigher is better

89%

100%

91%

Consumer-dispute ratelower is better

19%

Source: CFPB Consumer Complaint Database.

Complaint Trend (24 months)

2014-01 2021-10

Issue Detail Breakdown

Issue	Complaints
Attempts to collect debt not owed	27
Took or threatened to take negative or legal action	12
False statements or representation	6
Written notification about debt	3
Threatened to contact someone or share information improperly	1

Where do complaints against Robinhood Markets Inc. come from?

Robinhood Markets Inc.'s own per-state count, not a national baseline.

California

7
New York

7
Texas

6
Florida

5
Illinois

3
Indiana

3
Nevada

3
Rhode Island

3

Compare beyond geography

Nationwide peers by volume & timely response

Two PlainCollector-derived comparison paths for Robinhood Markets Inc.: 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: 49.

4 peers

Know your rights before responding to Robinhood Markets Inc.: 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.