2026 data Public-data reference. official source

Commonwealth Financial Systems, Inc.

Open-data reference.

Debt Collector, CFPB Complaint Profile Specializes in: Medical debt

3,569
Debt Collection Complaints
86.3%
of All Complaints
95.2%
Timely Response
0.1%
Closed with Relief

Debt Collection Complaint Breakdown

Medical debt 1,840
Medical 711
I do not know 704
Other debt 138
Other (i.e. phone, health club, etc.) 101
Credit card debt 29
Credit card 26
Auto 6
Payday loan 4
Mortgage debt 4
Payday loan debt 3
Private student loan debt 2
Federal student loan 1

Top Complaint Issues

1.Attempts to collect debt not owed 1,333
2.Written notification about debt 780
3.Cont'd attempts collect debt not owed 587
4.Incorrect information on your report 315
5.Disclosure verification of debt 288
6.False statements or representation 225
7.Took or threatened to take negative or legal action 151
8.Problem with a credit reporting company's investigation into an existing problem 146
9.Communication tactics 144
10.Improper use of your report 62

Company Responses

Closed with explanation 4,113
Untimely response 15
Closed 5
Closed with monetary relief 3
Consumers who disputed the response 30.8%
Credit utilization context for debt-collection consumers

Most consumers facing collection complaints carry utilization in the Fair-Poor band. FICO bands per myFICO + Experian guidance.

Ideal (+0 to +10)0-10Healthy (~0 to -10)10-30Moderate (-10 to -30)30-50High (-30 to -50)50-75Very high (-50 to -70)75-100Maxed (-70 to -100+)100-12030%

FICO impact ranges synthesize myFICO + Experian + Equifax consumer-education materials. Individual results vary.

Complaints by Year

Year Complaints
2013 59
2014 216
2015 270
2016 378
2017 493
2018 600
2019 539
2020 549
2021 537
2022 218
2023 258
2024 19

Complaints by State (Top 15)

Florida 1,025
Texas 827
Georgia 308
California 158
New Jersey 143
Ohio 128
Tennessee 110
Virginia 109
Louisiana 106
Maryland 104
Illinois 103
Pennsylvania 101
New York 90
Missouri 72
Arizona 65

Other Complaint Types

Credit reporting, credit repair services, or other personal consumer reports - Credit reporting 513
Credit reporting 17
Credit reporting or other personal consumer reports - Credit reporting 16
Credit reporting, credit repair services, or other personal consumer reports - Other personal consumer report 5
Credit reporting, credit repair services, or other personal consumer reports - Credit repair services 3
Consumer Loan - Vehicle loan 2
Your Rights with Debt Collectors

The Fair Debt Collection Practices Act (FDCPA) protects you from abusive, unfair, and deceptive collection practices.

  • Request written verification of any debt within 30 days of first contact
  • Dispute a debt if you believe it is incorrect or does not belong to you
  • Demand the collector stop contacting you (in writing)
  • File a complaint with the CFPB at consumerfinance.gov/complaint

What the CFPB Record Shows for Commonwealth Financial Systems, Inc.

The CFPB has logged 3,569 debt-collection complaints against Commonwealth Financial Systems, Inc., 86.3% of the 4,136 complaints filed against this entity overall. Consumers in 53 states and territories have filed reports, putting this collection operation in nationwide territory by complaint volume. Consumers most frequently describe "Medical debt" as the debt type behind their complaint about this collector. "Attempts to collect debt not owed" comes up most often as the specific issue cited - worth a look for anyone trying to spot this collector's recurring pain point.

95.2% of CFPB-forwarded complaints against this company get a reply inside the Bureau's 15-day window. That figure meets the industry benchmark and indicates an intake process that is functioning on schedule. 0.1% of resolved cases against this company closed with some form of consumer relief, a notably low ratio worth weighing against the disputed-response percentage. In 30.8% of resolved cases, the consumer formally disputed the response - a rough measure of how often the first resolution missed the mark.

How to read these numbers, and what to do if you're disputing a charge

Complaint volume alone does not prove wrongdoing, larger collection portfolios naturally produce more complaints, but the combination of timely-response rate, relief ratio, and dispute rate above gives a reasonable empirical picture of how this collector handles consumer interactions. Anyone in active dispute with this company should keep written records, use certified mail for verification requests (see your FDCPA rights above), and consider filing a CFPB complaint if standard resolution channels stall.

Educational data summary, not financial or legal advice. Individual complaint outcomes vary. Consumers with an active dispute should consult a qualified consumer-protection attorney.

Frequently Asked Questions

How many debt collection complaints does Commonwealth Financial Systems, Inc. have?

3,569 debt-collection complaints against Commonwealth Financial Systems, Inc. appear in the CFPB record - 86.3% of the company's total complaint volume.

Does Commonwealth Financial Systems, Inc. respond to complaints on time?

95.2% of the CFPB complaints against Commonwealth Financial Systems, Inc. get a response within the expected window. That puts it among the more responsive collectors in the CFPB dataset.

Does Commonwealth Financial Systems, Inc. provide relief to consumers?

0.1% of resolved complaints against Commonwealth Financial Systems, Inc. were closed with some form of consumer relief (monetary or non-monetary).

What type of debt does Commonwealth Financial Systems, Inc. primarily collect?

Commonwealth Financial Systems, Inc. primarily collects "Medical debt" based on CFPB complaint data. The full breakdown of debt types is shown above.

What rights do I have against Commonwealth Financial Systems, Inc.?

Under the Fair Debt Collection Practices Act (FDCPA), you can request written debt verification within 30 days, dispute debts you believe are incorrect, demand the collector stop contacting you in writing, and file a complaint with the CFPB at consumerfinance.gov/complaint.

In how many states is Commonwealth Financial Systems, Inc. active?

Commonwealth Financial Systems, Inc. has received consumer complaints from 53 states and territories, based on CFPB data.

Source: Consumer Financial Protection Bureau Consumer Complaint Database · Q1 2026 Complaints filed against firms, not individuals. Data through March 2026.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the CFPB Consumer Complaint Database. Consult a qualified professional before making decisions based on this data.