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

2026 CFPB data Public-data reference. FDCPA reference 14 complaints

SoLo Funds Inc. — Debt Collector Complaint Profile

CFPB complaint profile across 10 states. Updated as new federal complaint data lands in the upstream Consumer Complaint Database.

Complaints by issue type

What consumers report about SoLo Funds Inc.

complaints
Source CFPB Consumer Complaint Database
C

Grade C · 61.3/100 composite

This collector has an average complaint record with moderate complaint volumes and typical response rates.

What do CFPB complaints reveal about SoLo Funds Inc.?

SoLo Funds Inc. has accumulated 14 total CFPB complaints across 10 states, with 1 filed in the most recent 12 months against 13 historical complaints before that window. The trailing-12-month volume represents 7.1% of the full complaint history, a falling pattern that implies either tighter collection practices, portfolio sell-offs, or improved dispute handling.

The dominant consumer grievance logged with the CFPB is "False statements or representation", narrowing to "Attempted to collect wrong amount", which aligns with FDCPA-regulated conduct and signals the operational area most likely to trigger regulator scrutiny. The company posts a 93% timely-response rate, a pairing that calibrates how well its complaint-resolution workflow holds up once a consumer pushes back.

Complaints have been recorded across 10 states, led by Nevada with 2 and New York with 2, which matches a multi-state collection footprint rather than a regional operation. Normalized against the full CFPB collector database, the reputation score of 61.3/100 places SoLo Funds Inc. in grade band C, a tier reached by blending complaint volume, response timeliness, dispute rates, and issue severity into a single comparable metric.

Complaint Summary

Total CFPB complaints

14

All-time across CCDB intake

Last 12 months

1

7.1% of total history

Falling ↓

States active

10

Distinct state filings

Timely response rate

93%

Within CFPB SLA window

Reputation grade

C

61.3/100 composite

Response-quality profile

How SoLo Funds Inc. performs on CFPB resolution-quality metrics versus a fleet average benchmark drawn from the full debt-collection vertical.

Timely response within SLA 92.9%
Vertical avg

CFPB requires companies to respond within 15 days for most complaints; 60 days for credit-reporting.

State coverage breadth 17.9%

Share of US states + territories with at least one filed complaint against this collector.

How does SoLo Funds Inc. compare to its peers?

How does SoLo Funds Inc. compare? Versus a peer and the national average across 60+ high-volume collectors
SoLo Funds Inc. National average
Complaints (last 12 mo)lower is better
1
22,938
250
Timely-response ratehigher is better
93%
100%
91%
Consumer-dispute ratelower is better
0%
24%
19%

Source: CFPB Consumer Complaint Database. Complaints reflect consumer reports, not proven violations.

Complaint Trend (24 months)

2021-03 2025-09

Top Consumer Issues

False statements or representation3 (%)
Electronic communications4 (%)
Attempts to collect debt not owed2 (%)
Took or threatened to take negative or legal action3 (%)
Communication tactics1 (%)
Threatened to contact someone or share information improperly1 (%)

Most common issue: False statements or representation — Attempted to collect wrong amount

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.

Learn your full FDCPA rights →

Issue Detail Breakdown

Issue Sub-Issue Complaints
False statements or representation Attempted to collect wrong amount 3
Electronic communications Frequent or repeated messages 3
Attempts to collect debt not owed Debt was already discharged in bankruptcy and is no longer owed 2
Took or threatened to take negative or legal action Collected or attempted to collect exempt funds 1
Communication tactics You told them to stop contacting you, but they keep trying 1
Threatened to contact someone or share information improperly Contacted your employer 1
Electronic communications You told them to stop contacting you, but they keep trying 1
Took or threatened to take negative or legal action Threatened to sue you for very old debt 1
Took or threatened to take negative or legal action Threatened or suggested your credit would be damaged 1

Where do complaints against SoLo Funds Inc. come from?

The states where consumers have filed the most CFPB complaints against SoLo Funds Inc.. Every figure is the company's own complaint count in that state — not a national baseline.

Top states by complaints against SoLo Funds Inc.

Across 10 states with at least one filing

complaints
Source CFPB Consumer Complaint Database

Frequently Asked Questions

What is the most common complaint against SoLo Funds Inc.?

The most common issue consumers report about SoLo Funds Inc. is "False statements or representation", specifically "Attempted to collect wrong amount". This is based on 14 complaints filed with the CFPB.

Are complaints against SoLo Funds Inc. increasing or decreasing?

Complaints against SoLo Funds Inc. are falling. The company received 1 complaints in the last 12 months, showing improvement over prior periods.

What is SoLo Funds Inc.'s reputation grade?

SoLo Funds Inc. has a reputation grade of C (score: 61.3/100). This collector has an average complaint record with moderate complaint volumes and typical response rates.

Does SoLo Funds Inc. respond to consumer complaints?

SoLo Funds Inc. has a 93% timely response rate to CFPB complaints.

In how many states does SoLo Funds Inc. operate?

SoLo Funds Inc. has received CFPB complaints from consumers in 10 states, with the most complaints from Nevada (2 complaints).

What can I do if SoLo Funds Inc. 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 SoLo Funds Inc. violates the FDCPA, you may be able to sue for damages up to $1,000 plus attorney fees.

Consumer Guides

Primary source data

Related

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