CFPB Consumer Complaint Profile

Paramount Capital Group, Inc.

Behind the 127 CFPB complaints on file for this company is a data trail showing how it typically handles credit, billing and collection disputes.

Data updated 2026-05-15

127
Total complaints
20
Last 12 months
93.7%
Timely response
31
States affected

The verdict

Paramount Capital Group, Inc. ranks #1198 of 3,848 financial companies by CFPB complaint volume, with 127 complaints on record. Its on-time response rate is 93.7%, ahead of the 93% median among companies with 100+ complaints.

#1198
of 3,848 companies by volume
93.7%
answered on time
Credit reporting or …
most-complained product
31
states with complaints
Paramount Capital Group, Inc. timely response rate 93.7%
Industry benchmark

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

Reading this profile

Complaints by Product

Credit reporting or other personal consumer reports - Credit reporting 28
Credit reporting, credit repair services, or other personal consumer reports - Credit reporting 27
Student loan - Private student loan 18
Debt collection - I do not know 15
Debt collection - Private student loan debt 10
Debt collection - Other debt 5
Payday loan, title loan, or personal loan - Installment loan 4
Debt collection - Payday loan debt 3
Credit card or prepaid card - General-purpose credit card or charge card 2
Student loan - Non-federal student loan 2

Top Issues

1.Incorrect information on your report 31
2.Attempts to collect debt not owed 20
3.Improper use of your report 12
4.Dealing with your lender or servicer 11
5.Problem with a credit reporting company's investigation into an existing problem 8
6.Problem with a company's investigation into an existing problem 8
7.Took or threatened to take negative or legal action 5
8.Communication tactics 5
9.Getting a loan 4
10.Struggling to repay your loan 3

Complaints by Year

Year Complaints
2014 1
2015 1
2016 4
2017 2
2018 5
2019 4
2020 9
2021 19
2022 20
2023 18
2024 17
2025 24
2026 3

Complaints by State (Top 15)

Texas 19
Florida 16
California 10
Georgia 10
Tennessee 9
Pennsylvania 9
North Carolina 6
Arizona 5
Indiana 5
South Carolina 4
Ohio 4
Alabama 3
New Jersey 3
Kentucky 2
Maryland 2

Company Responses

Closed with explanation 118
Closed with non-monetary relief 8
Closed with monetary relief 1

What the CFPB Complaint Record Shows for Paramount Capital Group, Inc.

Paramount Capital Group, Inc. carries 127 complaints in the CFPB's database, 20 of them filed within the past 12 months. Consumers spanning 31 states and territories have weighed in, giving this a multi-regional footprint. "Credit reporting or other personal consumer reports" 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 "Incorrect information on your report" - a useful starting point for anyone trying to understand what goes wrong most often in the company's consumer interactions.

Within the Bureau's 15-day response window, Paramount Capital Group, Inc. answers 93.7% of forwarded complaints. That sits below the 95% industry benchmark and tends to correlate with higher consumer dispute rates downstream. The company's response was formally disputed in 50% of resolved cases, indicating how frequently the initial fix fell short. Among resolved complaints, 7.1% closed with the consumer receiving monetary or non-monetary relief.

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 Paramount Capital Group, Inc. have?

127 complaints have been filed against Paramount Capital Group, Inc. with the CFPB overall - 20 of them in the past year.

Does Paramount Capital Group, Inc. respond to complaints on time?

Paramount Capital Group, Inc.'s CFPB timely-response rate is 93.7%.

What product generates the most complaints for Paramount Capital Group, Inc.?

"Credit reporting or other personal consumer reports" draws more CFPB complaints against Paramount Capital Group, Inc. than any other product - see the full breakdown above.

What is the most common complaint issue with Paramount Capital Group, Inc.?

Consumers most often cite "Incorrect information on your report" when complaining about Paramount Capital Group, Inc.; the full issue list with counts is above.

How do I file a complaint against Paramount Capital Group, Inc.?

You can file a complaint against Paramount Capital Group, 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 Paramount Capital Group, Inc.?

Paramount Capital Group, Inc. has drawn CFPB complaints from 31 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.

Similar Companies

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