Monterey Financial Services LLC
Open-data reference.
Debt Collector, CFPB Complaint Profile Specializes in: Other debt
Debt Collection Complaint Breakdown
Top Complaint Issues
Company Responses
Most consumers facing collection complaints carry utilization in the Fair-Poor band. FICO bands per myFICO + Experian guidance.
FICO impact ranges synthesize myFICO + Experian + Equifax consumer-education materials. Individual results vary.
Complaints by Year
| Year | Complaints |
|---|---|
| 2014 | 46 |
| 2015 | 62 |
| 2016 | 99 |
| 2017 | 122 |
| 2018 | 111 |
| 2019 | 103 |
| 2020 | 138 |
| 2021 | 157 |
| 2022 | 127 |
| 2023 | 148 |
| 2024 | 281 |
| 2025 | 523 |
| 2026 | 185 |
Complaints by State (Top 15)
Other Complaint Types
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 Monterey Financial Services LLC
Monterey Financial Services LLC has 1,450 debt-collection complaints on file with the CFPB, which represents 69% of the 2,102 total complaints the Bureau has received about this entity. Reports have originated from consumers in 52 states and territories, making this a nationwide collection operation as measured by complaint volume. The most common debt type behind these complaints is "Other debt," which is the category consumers most often describe when they file a CFPB report about this collector. The specific issue named most is "Attempts to collect debt not owed," a reasonable starting point for understanding recurring friction with this collector.
100% of CFPB-forwarded complaints against this company get a reply inside the Bureau's 15-day window. That is at or above benchmark levels, pointing to an intake process working as intended. Among resolved cases, 10.7% ended with monetary or non-monetary relief to the consumer. In 25.7% 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 Monterey Financial Services LLC have?
1,450 debt-collection complaints against Monterey Financial Services LLC appear in the CFPB record - 69% of the company's total complaint volume.
Does Monterey Financial Services LLC respond to complaints on time?
Monterey Financial Services LLC's CFPB timely-response rate is 100%. That puts it among the more responsive collectors in the CFPB dataset.
Does Monterey Financial Services LLC provide relief to consumers?
10.7% of resolved complaints against Monterey Financial Services LLC were closed with some form of consumer relief (monetary or non-monetary).
What type of debt does Monterey Financial Services LLC primarily collect?
"Other debt" is the debt type Monterey Financial Services LLC is most associated with in CFPB complaint data - see the full breakdown above.
What rights do I have against Monterey Financial Services 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 Monterey Financial Services LLC active?
Monterey Financial Services LLC has received consumer complaints from 52 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.
Read our methodology - how this data is sourced, computed, and verified.