2026 data Public-data reference. official source

Security Credit Systems Inc

Sourced from the CFPB Consumer Complaint Database.

Debt Collector, CFPB Complaint Profile Specializes in: Private student loan debt

CFPB collection forwarding receipt

Forwarded record DC-SECURITY-CREDIT-SY Security Credit Systems Inc

176 DC complaints · rank #436/656 · 99.1% timely

  • DC 176
  • RANK #436/656
  • TIMELY 99.1%
  • RELIEF 0.4%
  • DISPUTE 27.5%
  • STATES 28
  • ISSUE Attempts to collect debt no…
  • RESP Closed with explanation
  • PHOTO Oliver Adjustment Co.

Photo peer: Oliver Adjustment Co. (176)

Oliver Adjustment Co.176Apelles, LLC176Credit Bureau Services Assoc…177Security Credit Systems Inc …176
Debt-collection complaint volume neighbourhood (this collector + nearest volume peers)

Security Credit Systems Inc's 176 debt-collection complaints sit next to Oliver Adjustment Co. (176) on the volume neighbourhood; peer NAMES stay, and the receipt VALUES are this collector's. Full complaint profile for Security Credit Systems Inc →

Debt Collection Complaint Breakdown

I do not know 76
Private student loan debt 27
Other debt 25
Other (i.e. phone, health club, etc.) 14
Medical debt 10
Credit card debt 6
Non-federal student loan 5
Medical 4
Federal student loan debt 4
Auto debt 3
Federal student loan 2

Top Complaint Issues

1.Attempts to collect debt not owed 59
2.Communication tactics 29
3.Incorrect information on your report 28
4.Written notification about debt 22
5.False statements or representation 22
6.Took or threatened to take negative or legal action 14
7.Cont'd attempts collect debt not owed 12
8.Threatened to contact someone or share information improperly 11
9.Problem with a company's investigation into an existing problem 8
10.Dealing with my lender or servicer 6

Company Responses

Closed with explanation 221
Closed 6
Closed with monetary relief 1
Consumers who disputed the response 27.5%

Complaints by Year

Year Complaints
2014 2
2015 19
2016 9
2017 18
2018 14
2019 11
2020 15
2021 22
2022 17
2023 26
2024 27
2025 42
2026 6

Complaints by State (Top 15)

New York 79
Florida 17
New Jersey 17
California 17
Georgia 13
Texas 13
Pennsylvania 9
Illinois 9
Ohio 9
Tennessee 5
Massachusetts 4
Nevada 4
North Carolina 4
Indiana 4
Maryland 3

What the CFPB Record Shows for Security Credit Systems Inc

According to the CFPB Consumer Complaint Database as aggregated by PlainCredit, Security Credit Systems Inc ranks #436 of 656 debt collectors by debt-collection complaint volume (34th percentile), using the same dc_complaints sort as the Collectors directory. The CFPB has logged 176 debt-collection complaints against Security Credit Systems Inc, 77.2% of the 228 complaints filed against this entity overall. Consumers in 28 states and territories have filed reports, putting this collection operation in multi-state territory by complaint volume. "Private student loan 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 99.1%, meaning that share of CFPB-forwarded complaints received a reply within the 15-day window the Bureau expects. That figure meets the industry benchmark and indicates an intake process that is functioning on schedule. Among resolved cases, 0.4% ended with monetary or non-monetary relief to the consumer - a notably low rate worth weighing against the dispute percentage. The response was formally disputed in 27.5% of resolved cases, indicating how frequently the initial fix fell short.

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 Security Credit Systems Inc → · All debt collectors →

Nationwide collectors with similar complaint volume or dispute rates

Two CFPB peer sets for Security Credit 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 (176 here).

Frequently asked questions

How many CFPB debt-collection complaints does Security Credit Systems Inc have?

176 debt-collection complaints name Security Credit Systems Inc in this CFPB extract - corpus rank #436/656.

Does Security Credit Systems Inc respond to CFPB complaints on time?

The timely-response rate for Security Credit Systems Inc in this extract is 99.1%.

What issue do consumers cite most about Security Credit Systems Inc?

The most-cited issue in complaints about Security Credit Systems Inc is "Attempts to collect debt not owed."

How should I read Security Credit Systems Inc's CFPB complaint record?

Treat the counts as a public complaint record, not a credit score or legal finding. Pair this page with PlainCredit guides on debt-collection rights and how to file a CFPB complaint if you have an active 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.