CFPB Consumer Complaint Profile

Financial Management Solutions, LLC

What 308 consumer complaints filed with the Consumer Financial Protection Bureau reveal about how this company handles credit, billing and collection disputes.

Data updated 2026-08-14

308
Total complaints
Above average
50
Last 12 months
98.7%
Timely response
Above median
18
States affected

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The verdict

Out of 3,843 financial companies in the CFPB database, Financial Management Solutions, LLC has accumulated 308 complaints, placing it #687 by volume. On-time replies land at 98.7%, the 56th percentile for the 100+ complaint peer group.

#687
of 3,843 companies by volume
98.7%
on time (56th pctile)
Debt collection
most-complained product
18
states with complaints
F
PlainCredit Trust Score
38/100
Financial Management Solutions, LLC · 3 of 3 dimensions reported

Based on this company's own CFPB response record -- timely response, dispute rate, and relief rate, each benchmarked against every tracked company with 10+ complaints. Not a measure of product quality, pricing, or company size.

Timely Response B- 98.7%
Share of complaints answered within the CFPB response window
Dispute Rate F 27.3%
Share of responses the consumer disputed (lower is better)
Relief Rate F 0.0%
Share of complaints closed with monetary or non-monetary relief

Financial Management Solutions, LLC vs. all companies by on-time response rate

Every company with 100+ CFPB complaints on file (1,335 total)

98.7% Higher than most higher than 56% of 1,335 companies

companies with 100+ CFPB complaints, bucketed by value

Each bar is a band; taller bars hold more companies. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.

Source Consumer Financial Protection Bureau, Consumer Complaint Database · 2026-08-14

What changed

CFPB Consumer Complaint Database 2024 to 2025 complete years

  • Annual CFPB complaint volume moved from 42 in 2024 to 54 in 2025 (2024 → 2025).

See the full year-over-year release diff

Financial Management Solutions, LLC timely response rate 98.7%
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 - Other debt 70
Debt collection - I do not know 60
Debt collection - Rental debt 54
Debt collection - Other (i.e. phone, health club, etc.) 38
Credit reporting, credit repair services, or other personal consumer reports - Credit reporting 36
Credit reporting or other personal consumer reports - Credit reporting 26
Debt collection - Medical 8
Debt collection - Mortgage debt 4
Credit reporting or other personal consumer reports - Other personal consumer report 4
Debt collection - Credit card debt 3

Top Issues

1.Attempts to collect debt not owed 78
2.False statements or representation 38
3.Incorrect information on your report 36
4.Written notification about debt 34
5.Took or threatened to take negative or legal action 32
6.Improper use of your report 21
7.Cont'd attempts collect debt not owed 20
8.Communication tactics 19
9.Disclosure verification of debt 15
10.Problem with a credit reporting company's investigation into an existing problem 7

Complaints by Year

Year Complaints
2013 7
2014 10
2015 13
2016 12
2017 26
2018 18
2019 18
2020 30
2021 25
2022 22
2023 19
2024 42
2025 54
2026year in progress 12

Complaints by State (Top 15)

Maryland 174
Virginia 36
District of Columbia 27
Georgia 15
Pennsylvania 12
New Jersey 8
Texas 6
Florida 5
North Carolina 5
New York 4
California 4
South Carolina 2
Arizona 1
Ohio 1
Wisconsin 1

Company Responses

Closed with explanation 308

What the CFPB Complaint Record Shows for Financial Management Solutions, LLC

Financial Management Solutions, LLC carries 308 complaints in the CFPB's database, 50 of them filed within the past 12 months. Consumers spanning 18 states and territories have weighed in, giving this a multi-regional footprint. "Debt collection" tops the product-level breakdown by a clear margin, marking it as the area of greatest consumer friction. Within that category, the most frequently cited specific issue is "Attempts to collect debt not owed" - a useful starting point for anyone trying to understand what goes wrong most often in the company's consumer interactions.

Financial Management Solutions, LLC's timely response rate stands at 98.7%, meaning that share of CFPB-forwarded complaints received a company reply within the 15-day window the Bureau expects. That clears the industry benchmark, pointing to intake and escalation processes that are working as intended. Consumers formally disputed the company's response at a 27.3% rate among resolved cases, a signal of how often the initial resolution failed to satisfy the complainant. Among resolved complaints, the consumer-relief closure rate is 0%.

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, and the ratio of monetary-relief closures to closed-without-relief outcomes. Together, these fields provide context for reading the published CFPB record; they do not establish wrongdoing or resolve an individual dispute.

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 Financial Management Solutions, LLC have?

The CFPB has logged 308 complaints against Financial Management Solutions, LLC to date, of which 50 came in over the last 12 months.

Does Financial Management Solutions, LLC respond to complaints on time?

Financial Management Solutions, LLC's CFPB timely-response rate is 98.7%. This is considered excellent.

What product generates the most complaints for Financial Management Solutions, LLC?

The most complained-about product for Financial Management Solutions, LLC is "Debt collection." You can view the full product breakdown on this page.

What is the most common complaint issue with Financial Management Solutions, LLC?

"Attempts to collect debt not owed" is the single most frequently cited issue in complaints against Financial Management Solutions, LLC - see all issues and counts above.

How do I file a complaint against Financial Management Solutions, LLC?

You can file a complaint against Financial Management Solutions, LLC 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 Financial Management Solutions, LLC?

Consumers in 18 states and territories have filed complaints about Financial Management Solutions, LLC with the CFPB. This count includes the 50 states, DC, Puerto Rico, and smaller CFPB-tracked jurisdictions such as Guam, the U.S. Virgin Islands, and military postal codes (APO/FPO), which is why it can exceed the 52 states and territories that have a dedicated state page on this site.

Nationwide companies with similar complaint volume or dispute rates

Two CFPB peer sets for Financial Management Solutions, LLC: nearest financial companies by total complaint volume and by the share of complaints consumers mark as disputed. These are cross-firm neighborhoods, not the product-category list below.

Also handles Debt collection

Other companies with the same primary CFPB product category on file.

Source: CFPB Consumer Complaint Database Data through March 2026