CFPB Consumer Complaint Profile

CMG Financial Services, Inc.

What 697 consumer complaints filed with the Consumer Financial Protection Bureau reveal about how this company handles credit, billing and collection disputes.

697
Total complaints
177
Last 12 months
96.7%
Timely response
49
States affected

The verdict

CMG Financial Services, Inc. ranks #420 of 3,848 financial companies by CFPB complaint volume, with 697 complaints on record. It answers 96.7% of complaints on time — above the 93% median for companies with 100+ complaints.

#420
of 3,848 companies by volume
96.7%
answered on time
Mortgage
most-complained product
49
states with complaints
CMG Financial Services, Inc. timely response rate 96.7%
Industry benchmark

Percent of CFPB complaints answered within the regulator's expected window. Industry benchmark sits at 95%.

Complaints by Product

Mortgage — Conventional home mortgage 335
Mortgage — FHA mortgage 137
Mortgage — VA mortgage 107
Credit reporting or other personal consumer reports — Credit reporting 38
Mortgage — Conventional fixed mortgage 17
Credit reporting, credit repair services, or other personal consumer reports — Credit reporting 16
Mortgage — Other type of mortgage 15
Mortgage — Other mortgage 10
Mortgage — Home equity loan or line of credit (HELOC) 8
Debt collection — Mortgage debt 7

Top Issues

1.Trouble during payment process 366
2.Struggling to pay mortgage 91
3.Applying for a mortgage or refinancing an existing mortgage 60
4.Closing on a mortgage 41
5.Incorrect information on your report 39
6.Loan servicing, payments, escrow account 21
7.Problem with a company's investigation into an existing problem 17
8.Improper use of your report 17
9.Loan modification,collection,foreclosure 8
10.Settlement process and costs 8

Complaints by Year

Year Complaints
2011 1
2012 4
2013 7
2014 17
2015 10
2016 8
2017 11
2018 26
2019 21
2020 56
2021 74
2022 69
2023 76
2024 99
2025 175
2026 43

Complaints by State (Top 15)

California 132
Texas 83
Florida 48
Georgia 25
New York 25
Virginia 23
Maryland 22
Colorado 19
Arizona 19
Nevada 18
Washington 17
New Jersey 14
Pennsylvania 14
North Carolina 13
Tennessee 13

Company Responses

Closed with explanation 682
Closed with monetary relief 9
Closed with non-monetary relief 4
Closed 1
In progress 1

What the CFPB Complaint Record Shows for CMG Financial Services, Inc.

The CFPB Consumer Complaint Database has logged 697 complaints against CMG Financial Services, Inc. overall, with 177 of those filed in the trailing 12 months. Reports have come from consumers in 49 states and territories, making this a nationwide complaint footprint. The single largest complaint category is "Mortgage," which consistently leads the product-level breakdown and signals where consumer friction is most acute. Within that category, the most frequently cited specific issue is "Trouble during payment process" — a useful starting point for anyone trying to understand what goes wrong most often in the company's consumer interactions.

CMG Financial Services, Inc.'s timely response rate stands at 96.7%, meaning that share of CFPB-forwarded complaints received a company reply within the 15-day window the Bureau expects. That figure is at or above the industry benchmark and suggests the company's intake and escalation processes are functioning as designed. Consumers formally disputed the company's response in 18.8% of resolved cases, a signal of how often the initial resolution failed to satisfy the complainant. Of complaints that were resolved, 1.9% closed with some form of monetary or non-monetary relief to the consumer.

Complaint counts alone do not tell the full story — larger institutions with more customers will naturally generate more complaints in absolute terms. The more informative signals are the direction of the yearly trend shown above, the state-level concentration (which hints at regional servicing issues or regulatory exposure), and the ratio of monetary-relief closures to closed-without-relief outcomes. Taken together, these fields give consumers a reasonable empirical basis for deciding whether to escalate a dispute, and give researchers a starting point for investigating institutional patterns.

Educational data summary, not financial or legal advice. Individual complaint outcomes vary. Consumers should consult a qualified attorney or financial advisor for guidance on a specific dispute.

Frequently Asked Questions

How many CFPB complaints does CMG Financial Services, Inc. have?

CMG Financial Services, Inc. has 697 total consumer complaints filed with the CFPB, with 177 filed in the last 12 months.

Does CMG Financial Services, Inc. respond to complaints on time?

CMG Financial Services, Inc. has a 96.7% timely response rate to CFPB complaints. This is considered excellent.

What product generates the most complaints for CMG Financial Services, Inc.?

The most complained-about product for CMG Financial Services, Inc. is "Mortgage." You can view the full product breakdown on this page.

What is the most common complaint issue with CMG Financial Services, Inc.?

The most common issue reported by consumers about CMG Financial Services, Inc. is "Trouble during payment process." All complaint issues are listed above with their counts.

How do I file a complaint against CMG Financial Services, Inc.?

You can file a complaint against CMG Financial Services, Inc. directly with the CFPB at consumerfinance.gov/complaint. The CFPB will forward your complaint to the company and work to get you a response, typically within 15 days.

In how many states have consumers complained about CMG Financial Services, Inc.?

Consumers in 49 states and territories have filed complaints about CMG Financial Services, Inc. with the CFPB.

Source: CFPB Consumer Complaint Database CFPB Consumer Complaint Database Data through March 2026

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