2026 data Public-data reference. official source

Financial Management Solutions, LLC

Sourced from the CFPB Consumer Complaint Database.

Debt Collector, CFPB Complaint Profile Specializes in: Other debt

239
Debt Collection Complaints
77.6%
of All Complaints
98.7%
Timely Response
0%
Closed with Relief

Debt Collection Complaint Breakdown

Other debt 70
I do not know 60
Rental debt 54
Other (i.e. phone, health club, etc.) 38
Medical 8
Mortgage debt 4
Credit card debt 3
Medical debt 2

Top Complaint Issues

1.Attempts to collect debt not owed 78
2.False statements or representation 38
3.Incorrect information on your report 36
4.Written notification about debt 34
5.Took or threatened to take negative or legal action 32
6.Improper use of your report 21
7.Cont'd attempts collect debt not owed 20
8.Communication tactics 19
9.Disclosure verification of debt 15
10.Problem with a credit reporting company's investigation into an existing problem 7

Company Responses

Closed with explanation 308
Consumers who disputed the response 27.3%
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 7
2014 10
2015 13
2016 12
2017 26
2018 18
2019 18
2020 30
2021 25
2022 22
2023 19
2024 42
2025 54
2026 12

Complaints by State (Top 15)

Maryland 174
Virginia 36
District of Columbia 27
Georgia 15
Pennsylvania 12
New Jersey 8
Texas 6
Florida 5
North Carolina 5
New York 4
California 4
South Carolina 2
Arizona 1
Ohio 1
Wisconsin 1

Other Complaint Types

Credit reporting, credit repair services, or other personal consumer reports - Credit reporting 36
Credit reporting or other personal consumer reports - Credit reporting 26
Credit reporting or other personal consumer reports - Other personal consumer report 4
Credit reporting, credit repair services, or other personal consumer reports - Other personal consumer report 1
Credit reporting 1
Debt or credit management - Debt settlement 1
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 Financial Management Solutions, LLC

The CFPB has logged 239 debt-collection complaints against Financial Management Solutions, LLC, 77.6% of the 308 complaints filed against this entity overall. Consumers in 18 states and territories have filed reports, putting this collection operation in multi-state territory by complaint volume. "Other debt" is the debt type named most often in complaints against this collector, the category consumers reach for most when filing a CFPB report. The single most-cited specific issue is "Attempts to collect debt not owed" - a useful starting point for understanding where the friction between this collector and consumers most frequently occurs.

The company's timely response rate is 98.7%, meaning that share of CFPB-forwarded complaints received a reply within the 15-day window the Bureau expects. That clears the industry benchmark, a sign the intake process is functioning on schedule. Among resolved cases, 0% ended with monetary or non-monetary relief to the consumer - a notably low rate worth weighing against the dispute percentage. Consumers formally disputed the company's response in 27.3% of resolved cases, signalling how often the initial resolution failed to satisfy the complainant.

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 Financial Management Solutions, LLC have?

Financial Management Solutions, LLC has 239 debt collection complaints filed with the CFPB, representing 77.6% of all complaints against this company.

Does Financial Management Solutions, LLC respond to complaints on time?

Financial Management Solutions, LLC's CFPB timely-response rate is 98.7%. This is considered excellent.

Does Financial Management Solutions, LLC provide relief to consumers?

Of resolved complaints against Financial Management Solutions, LLC, 0% ended with consumer relief of some kind.

What type of debt does Financial Management Solutions, LLC primarily collect?

Based on CFPB complaint records, Financial Management Solutions, LLC's primary debt type is "Other debt"; the complete breakdown is shown above.

What rights do I have against Financial Management Solutions, LLC?

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 Financial Management Solutions, LLC active?

Financial Management Solutions, LLC has received consumer complaints from 18 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.