CFPB Consumer Complaint Profile

Finance System of Richmond, Inc.

140 CFPB complaints trace a pattern in how this company responds when customers push back on credit, billing, or collection problems.

Data updated 2026-05-15

140
Total complaints
39
Last 12 months
96.4%
Timely response
23
States affected

The verdict

Finance System of Richmond, Inc. ranks #1139 of 3,848 financial companies by CFPB complaint volume, with 140 complaints on record. It answers 96.4% of complaints on time - above the 93% median for companies with 100+ complaints.

#1139
of 3,848 companies by volume
96.4%
answered on time
Debt collection
most-complained product
23
states with complaints
Finance System of Richmond, Inc. timely response rate 96.4%
Industry benchmark

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

Reading this profile

Complaints by Product

Debt collection - Medical debt 61
Debt collection - I do not know 34
Credit reporting, credit repair services, or other personal consumer reports - Credit reporting 17
Credit reporting or other personal consumer reports - Credit reporting 10
Debt collection - Medical 9
Debt collection - Other debt 5
Debt collection - Credit card debt 2
Credit card - General-purpose credit card or charge card 1
Debt collection - Federal student loan debt 1

Top Issues

1.Attempts to collect debt not owed 42
2.Written notification about debt 25
3.False statements or representation 12
4.Took or threatened to take negative or legal action 11
5.Incorrect information on your report 11
6.Communication tactics 8
7.Cont'd attempts collect debt not owed 7
8.Problem with a credit reporting company's investigation into an existing problem 7
9.Problem with a company's investigation into an existing problem 5
10.Improper use of your report 4

Complaints by Year

Year Complaints
2014 1
2015 1
2016 10
2017 6
2018 12
2019 9
2020 11
2021 16
2022 8
2023 10
2024 14
2025 29
2026 13

Complaints by State (Top 15)

Florida 41
Texas 15
Indiana 14
Pennsylvania 10
Ohio 10
California 9
Michigan 7
Alabama 6
Louisiana 5
South Carolina 3
Georgia 3
Kentucky 3
Mississippi 2
Rhode Island 1
Arizona 1

Company Responses

Closed with explanation 138
Closed 1
In progress 1

What the CFPB Complaint Record Shows for Finance System of Richmond, Inc.

140 complaints against Finance System of Richmond, Inc. appear in the CFPB record, including 39 from the trailing year. The 23 states and territories represented put this footprint in multi-regional territory. "Debt collection" tops the product-level breakdown by a clear margin, marking it as the area of greatest consumer friction. The specific issue named most within that category is "Attempts to collect debt not owed," a reasonable starting point for understanding recurring friction.

Within the Bureau's 15-day response window, Finance System of Richmond, Inc. answers 96.4% of forwarded complaints. 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 23.1% of resolved cases, a signal of how often the initial resolution failed to satisfy the complainant. Of complaints that were resolved, 0% closed with some form of monetary or non-monetary relief to the consumer.

How to read complaint counts

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 Finance System of Richmond, Inc. have?

140 complaints have been filed against Finance System of Richmond, Inc. with the CFPB overall - 39 of them in the past year.

Does Finance System of Richmond, Inc. respond to complaints on time?

Finance System of Richmond, Inc. has a 96.4% timely response rate to CFPB complaints. That puts it among the more responsive companies in the CFPB dataset.

What product generates the most complaints for Finance System of Richmond, Inc.?

"Debt collection" draws more CFPB complaints against Finance System of Richmond, Inc. than any other product - see the full breakdown above.

What is the most common complaint issue with Finance System of Richmond, Inc.?

Consumers most often cite "Attempts to collect debt not owed" when complaining about Finance System of Richmond, Inc.; the full issue list with counts is above.

How do I file a complaint against Finance System of Richmond, Inc.?

You can file a complaint against Finance System of Richmond, 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 Finance System of Richmond, Inc.?

Finance System of Richmond, Inc. has drawn CFPB complaints from 23 states and territories. That figure covers the 50 states, DC, Puerto Rico, and smaller CFPB-tracked jurisdictions (Guam, the U.S. Virgin Islands, military postal codes), so it can run higher than the 52 states/territories with a dedicated page on this site.

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