CFPB Consumer Complaint Profile

Financial Recovery Services, Inc.

409 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

409
Total complaints
65
Last 12 months
99.3%
Timely response
42
States affected

The verdict

Out of 3,848 financial companies in the CFPB database, Financial Recovery Services, Inc. has accumulated 409 complaints, placing it #564 by volume. It answers 99.3% of complaints on time - above the 93% median for companies with 100+ complaints.

#564
of 3,848 companies by volume
99.3%
answered on time
Debt collection
most-complained product
42
states with complaints
Financial Recovery Services, Inc. timely response rate 99.3%
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 - Credit card debt 180
Debt collection - I do not know 122
Debt collection - Credit card 29
Credit reporting or other personal consumer reports - Credit reporting 18
Debt collection - Other debt 16
Credit reporting, credit repair services, or other personal consumer reports - Credit reporting 14
Debt collection - Other (i.e. phone, health club, etc.) 13
Debt collection - Medical debt 4
Credit card or prepaid card - Store credit card 2
Credit card - General-purpose credit card or charge card 2

Top Issues

1.Attempts to collect debt not owed 141
2.Written notification about debt 66
3.Communication tactics 57
4.False statements or representation 33
5.Cont'd attempts collect debt not owed 26
6.Took or threatened to take negative or legal action 17
7.Incorrect information on your report 15
8.Disclosure verification of debt 11
9.Improper use of your report 10
10.Threatened to contact someone or share information improperly 9

Complaints by Year

Year Complaints
2013 7
2014 24
2015 20
2016 7
2017 18
2018 25
2019 33
2020 26
2021 28
2022 39
2023 43
2024 52
2025 75
2026 12

Complaints by State (Top 15)

Florida 53
New York 44
California 38
Georgia 28
Texas 27
Massachusetts 18
Illinois 16
New Jersey 16
Ohio 15
Pennsylvania 12
North Carolina 11
Michigan 8
Maryland 7
Alabama 7
Arkansas 7

Company Responses

Closed with explanation 395
Closed 9
Closed with non-monetary relief 3
Closed with monetary relief 2

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

Financial Recovery Services, Inc. carries 409 complaints in the CFPB's database, 65 of them filed within the past 12 months. Consumers spanning 42 states and territories have weighed in, giving this a nationwide 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.

99.3% of CFPB-forwarded complaints against Financial Recovery Services, Inc. get a reply inside the Bureau's 15-day window. 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 12.5% of resolved cases, a signal of how often the initial resolution failed to satisfy the complainant. Of complaints that were resolved, 1.2% 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 Financial Recovery Services, Inc. have?

The CFPB has logged 409 complaints against Financial Recovery Services, Inc. to date, of which 65 came in over the last 12 months.

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

99.3% of the CFPB complaints against Financial Recovery Services, Inc. get a response within the expected window. That is a strong response record by CFPB standards.

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

Among all products tied to Financial Recovery Services, Inc., "Debt collection" accounts for the largest share of complaints (full breakdown above).

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

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

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

You can file a complaint against Financial Recovery 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 Financial Recovery Services, Inc.?

Consumers in 42 states and territories have filed complaints about Financial Recovery Services, Inc. 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.

Similar Companies

Matched by complaint volume nationwide and by product category - a different peer set than the sibling-portal links below.

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