Preferred Collection and Management, Inc.

What the CFPB Record Shows for Preferred Collection and Management, Inc.

PlainCredit places Preferred Collection and Management, Inc. at #534 of 656 debt collectors by CFPB debt-collection complaint volume (19th percentile), matching the Collectors directory ranking. Preferred Collection and Management, Inc. has 129 debt-collection complaints on file with the CFPB, which represents 89.6% of the 144 total complaints the Bureau has received about this entity. Reports have originated from consumers in 9 states and territories, making this a geographically focused collection operation as measured by complaint volume. "Medical debt" is the debt type named most often in complaints against this collector, the category consumers reach for most when filing a CFPB report. "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.

86.1% of CFPB-forwarded complaints against this company get a reply inside the Bureau's 15-day window. That falls short of the 95% benchmark, a gap that tends to track with more disputes downstream. 1.4% of resolved cases against this company closed with some form of consumer relief, a notably low ratio worth weighing against the disputed-response percentage. Consumers formally disputed the company's response in 25% 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.

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