2026 data Public-data reference. official source

Commonwealth Financial Systems, Inc.

Open-data reference.

Debt Collector, CFPB Complaint Profile Specializes in: Medical debt

CFPB collection forwarding receipt

Forwarded record DC-COMMONWEALTH-FINAN Commonwealth Financial Systems, Inc.

3,569 DC complaints · rank #29/656 · 95.2% timely

  • DC 3,569
  • RANK #29/656
  • TIMELY 95.2%
  • RELIEF 0.1%
  • DISPUTE 30.8%
  • STATES 53
  • ISSUE Attempts to collect debt no…
  • RESP Closed with explanation
  • PHOTO Harris & Harris, Ltd.

Photo peer: Harris & Harris, Ltd. (3,559)

Harris & Harris, Ltd.3,559Aldous & Associates, PLLC3,618The CBE Group, Inc.3,519Commonwealth Financial Syste…3,569
Debt-collection complaint volume neighbourhood (this collector + nearest volume peers)

Commonwealth Financial Systems, Inc.'s 3,569 debt-collection complaints sit next to Harris & Harris, Ltd. (3,559) on the volume neighbourhood; peer NAMES stay, and the receipt VALUES are this collector's. Full complaint profile for Commonwealth Financial Syst… →

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%

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

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

PlainCredit places Commonwealth Financial Systems, Inc. at #29 of 656 debt collectors by CFPB debt-collection complaint volume (96th percentile), matching the Collectors directory ranking. 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.

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

Full complaint profile for Commonwealth Financial Systems, Inc. → · All debt collectors →

Nationwide collectors with similar complaint volume or dispute rates

Two CFPB peer sets for Commonwealth Financial Systems, Inc.: nearest debt collectors by debt-collection complaint volume and by the share of complaints consumers mark as disputed. These are cross-firm neighborhoods, not the volume strip on the forwarding receipt above.

Similar complaint volume

Nearest collectors by debt-collection complaint count (3,569 here).

Frequently asked questions

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

3,569 debt-collection complaints name Commonwealth Financial Systems, Inc. in this CFPB extract - corpus rank #29/656.

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

CFPB complaints against Commonwealth Financial Systems, Inc. show a 95.2% timely-response rate.

What issue do consumers cite most about Commonwealth Financial Systems, Inc.?

The most-cited issue in complaints about Commonwealth Financial Systems, Inc. is "Attempts to collect debt not owed."

How should I read Commonwealth Financial Systems, Inc.'s CFPB complaint record?

These figures summarize what consumers filed with the CFPB about Commonwealth Financial Systems, Inc.. They are educational, not advice - see the debt-collection rights and CFPB filing guides for next steps on a live dispute.

Related guides: Debt collection rights · How to file a CFPB complaint · Reading CFPB complaint 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.