Who Is Complaining?

Companies › Debt collection

Who is complaining aboutWallace Management Company, LLC?

CFPB complaints since 2014Mainly Debt collectionLatest on file 6 Aug 2026

When looking at complaint volume about a company or product, consider company size and/or market share. For example, companies with more customers may have more complaints than companies with fewer customers. The CFPB does not verify every allegation in a complaint before publishing it.Consumer Financial Protection Bureau, Consumer Complaint Database. A complaint is a consumer's account of a problem; it is not a finding against the company.

Complaints, last 12 months

19

20 in the 12 months before · 100 since 2014 · under 0.1% of all complaints the CFPB received

For its size

No public size denominator

This company could not be matched by name to a single institution in the FDIC, NCUA or HMDA files, so its count cannot be scaled here. Read the count with the company's customer base in mind.

Consumers sent the Consumer Financial Protection Bureau 19 complaints about Wallace Management Company, LLC in the 12 months to 30 Sep 2026, about level with the 20 of the 12 months before. The database holds 100 complaints about the company going back to 2014.

Wallace Management Company, LLC could not be matched by name to a single institution in the FDIC, NCUA or HMDA files, so its complaint count cannot be set against its size here. A company with more customers can be expected to receive more complaints than one with fewer.

31% of the complaints on file fall under the CFPB product category “Debt collection”, followed by “Credit reporting or other personal consumer reports” at 30%. The issue selected most often was “Improper use of your report” (25%).

How the company's responses were recorded across all years: 97% closed with an explanation, 2% closed with non-monetary relief, 0% closed with monetary relief, and 1% still in progress when the file was published. 94% of responses were marked timely; the median among the 458 companies whose complaints mainly concern “Debt collection” is 100%.

Among those 458 peer companies the median received 83 complaints in the same 12 months. A complaint is a consumer's account and is not a finding against the company; the CFPB does not verify every allegation in a complaint before publishing it.

0complaints, last 30 days1 in the 30 days before
1complaints, last 90 daysdown 86% vs prior 90 days
19complaints, last 365 days-5% vs prior 365 days
94%responses marked timelysince 2011

Windows end on 30 Sep 2026, the last date in the CFPB file. The latest two to three weeks are incomplete because a complaint is published only after the company responds or 15 days pass.

Compared with peer companies

MeasureThis companyPeer median (458 companies)All complaints nationally
Responses marked timely94%100%99.6%
Closed with monetary or non-monetary relief2%0%31.6%

Peers are the 458 companies on this site whose largest complaint category is Debt collection and that received at least 20 complaints in the last 12 months. Peer companies differ widely in size; a per-size row appears only when at least five peers share this company's size measure, and its median is taken over those peers alone. Response shares for this company cover all years because it received fewer than 20 complaints in the last 12 months.

Complaints by month

Complaints about Wallace Management Company, LLC received by the CFPB in each of the last 24 months. Peak month in view: 5. The hatched month is incomplete.
Complaints received per calendar year since the company first appears in the database. The final year is part-way through.

What the complaints are about

Products and issues are the categories the consumer selects on the CFPB form, shown with the CFPB's wording, since 2011.

Issue (CFPB label)ComplaintsShare
Improper use of your report2525%
Struggling to pay your loan1111%
Incorrect information on your report1010%
Attempts to collect debt not owed99%
False statements or representation77%
Took or threatened to take negative or legal action66%
Problem when making payments55%
Problem with a company's investigation into an existing problem55%
Getting the loan33%
Charged fees or interest you didn't expect33%
Other CFPB issue categories1616%

Debt collection

31 complaints since 2011 (31% of this company's total). That is under 0.1% of all complaints in the category nationally.

Issues

IssueComplaintsShare
Attempts to collect debt not owed929%
False statements or representation722.6%
Took or threatened to take negative or legal action619.4%
Communication tactics39.7%
Written notification about debt26.5%
Other CFPB issue categories412.9%

Sub-products

Sub-productComplaintsShare
I do not know1651.6%
Payday loan debt1032.3%
Other debt39.7%
Other (i.e. phone, health club, etc.)26.5%

Credit reporting or other personal consumer reports

30 complaints since 2011 (30% of this company's total). That is under 0.1% of all complaints in the category nationally.

Payday loan, title loan, or personal loan

19 complaints since 2011 (19% of this company's total). That is 0.1% of all complaints in the category nationally.

Issues

IssueComplaintsShare
Struggling to pay your loan736.8%
Problem when making payments421.1%
Getting the loan315.8%
Charged fees or interest you didn't expect210.5%
Incorrect information on your report210.5%
Other CFPB issue categories15.3%

Sub-products

Sub-productComplaintsShare
Installment loan1473.7%
Payday loan526.3%

How the company responded

The CFPB records one closing category for each complaint, chosen by the company. Shares are of all complaints since 2011.

2%of closed complaints ended with monetary or non-monetary reliefnational 31.6%
0%closed with monetary reliefnational 0.5%
94%responses marked timelynational 99.6%

The current CFPB export carries no consumer-disputed field, so no disputed rate is shown. The CFPB stopped collecting that field in April 2017.

The company's optional public response

Companies may choose one public response category from a CFPB list. These are the company's own selections.

Company public response (CFPB category)ComplaintsShare
No public response category recorded9696%
Company has responded to the consumer and the CFPB and chooses not to provide a public response22%
Company believes complaint caused principally by actions of third party outside the control or direction of the company11%
Company believes it acted appropriately as authorized by contract or law11%

Where the complaints come from

State (as reported by the consumer)ComplaintsShare
Missouri3232%
Oklahoma1919%
Texas1818%
Alabama88%
Tennessee55%
New Mexico44%
Louisiana33%
Arkansas11%
Indiana11%
Florida11%
Nevada11%
Pennsylvania11%

Top 12 of 16 states with at least one complaint since 2011. State counts follow population and where the company does business.

Other companies in the same category

Companies whose complaints mainly concern Debt collection, nearest in complaint volume. Listed for navigation, in no order of merit.

P.S.C., Inc20 complaints in 12 months · no public size measureLCS FINANCIAL SERVICES CORPORATION20 complaints in 12 months · no public size measureBliksum, LLC21 complaints in 12 months · no public size measureDesigned Receivable Solutions, Inc.21 complaints in 12 months · no public size measureQuality Asset Recovery LLC21 complaints in 12 months · no public size measureSa-Vit Enterprises, Inc.21 complaints in 12 months · no public size measure

Questions and answers

How many complaints has the CFPB received about Wallace Management Company, LLC?

19 in the 12 months to 30 Sep 2026 (20 in the 12 months before that) and 100 since 2014. 0 arrived in the last 30 days and 1 in the last 90 days; the most recent weeks are incomplete because a complaint is published only once the company responds or after 15 days.

How does that compare for its size?

Wallace Management Company, LLC could not be matched by name to a single institution in the FDIC, NCUA or HMDA files, so its complaint count cannot be set against its size here. A company with more customers can be expected to receive more complaints than one with fewer. The CFPB's own caution: “When looking at complaint volume about a company or product, consider company size and/or market share. For example, companies with more customers may have more complaints than companies with fewer customers.”

What are people complaining about?

31% of complaints on file are filed under “Debt collection”. The issues selected most often were “Improper use of your report” (25%), “Struggling to pay your loan” (11%), “Incorrect information on your report” (10%). These are the categories the consumer picks on the CFPB form; the text of complaints is not used on this site.

How does Wallace Management Company, LLC respond to complaints?

97% were closed with an explanation, 2% with non-monetary relief and 0% with monetary relief; 94% of responses were timely (peer median 100%).

Does the CFPB verify complaints?

The CFPB does not verify every allegation in a complaint before publishing it. The Bureau publishes a complaint after the company responds, confirming a commercial relationship with the consumer, or after 15 days, whichever comes first. A complaint on file is not a finding that the company did anything wrong.

Where do these figures come from?

From the CFPB Consumer Complaint Database bulk file, counted through 30 Sep 2026, using only the coded fields (company, product, issue, state, dates, company response). Company size comes from FDIC, NCUA or HMDA public files where the company appears in one. Company names are shown as the CFPB publishes them.

Provenance

Source: Consumer Financial Protection Bureau, Consumer Complaint Database, bulk file downloaded 30 Sep 2026, complaints received through 30 Sep 2026. Only coded fields are used (company, product, sub-product, issue, state, dates, company response, timeliness); complaint narratives are never read, stored or shown. Complaints are published once the company responds or after 15 days, so the most recent two to three weeks are incomplete. The company name is shown as the CFPB publishes it. No size measure: the company could not be matched by name to a single institution in the FDIC, NCUA or HMDA files. Companies can respond to the CFPB about any complaint; errors in this site's processing are fixed at the next daily build. Size measures: FDIC BankFind (report date 30 Jun 2026), NCUA call reports (30 Jun 2026), HMDA transmittal sheet (2025), Census Bureau population estimates (2025). All are US government works. See this company's complaints at the CFPB · Methodology · Report an error.