Financial Recovery Services, Inc.

What the CFPB Record Shows for Financial Recovery Services, Inc.

PlainCredit places Financial Recovery Services, Inc. at #223 of 656 debt collectors by CFPB debt-collection complaint volume (66th percentile), matching the Collectors directory ranking. The CFPB has logged 370 debt-collection complaints against Financial Recovery Services, Inc., 90.5% of the 409 complaints filed against this entity overall. Consumers in 42 states and territories have filed reports, putting this collection operation in nationwide territory by complaint volume. "Credit card 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.

99.3% 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. Of resolved cases, 1.2% closed with monetary or non-monetary relief to the consumer, which is a notably low relief ratio and worth weighing against the disputed-response percentage. Consumers formally disputed the company's response in 12.5% of resolved cases, signalling how often the initial resolution failed to satisfy the complainant.

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 Financial Recovery Services, Inc. → · All debt collectors →