CFPB Consumer Complaint Profile

Paramount Recovery Systems, L.P.

1,185 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

1,185
Total complaints
23
Last 12 months
97.4%
Timely response
45
States affected

The verdict

Among 3,848 financial companies tracked by CFPB complaint volume, Paramount Recovery Systems, L.P. sits at #300, with 1,185 complaints logged. It answers 97.4% of complaints on time - above the 93% median for companies with 100+ complaints.

#300
of 3,848 companies by volume
97.4%
answered on time
Debt collection
most-complained product
45
states with complaints
Paramount Recovery Systems, L.P. timely response rate 97.4%
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 509
Debt collection - I do not know 258
Credit reporting, credit repair services, or other personal consumer reports - Credit reporting 152
Debt collection - Medical 84
Credit reporting or other personal consumer reports - Credit reporting 81
Debt collection - Other debt 59
Debt collection - Payday loan debt 11
Debt collection - Credit card debt 11
Debt collection - Telecommunications debt 6
Debt collection - Other (i.e. phone, health club, etc.) 6

Top Issues

1.Attempts to collect debt not owed 462
2.Written notification about debt 238
3.Incorrect information on your report 137
4.False statements or representation 63
5.Took or threatened to take negative or legal action 50
6.Cont'd attempts collect debt not owed 47
7.Improper use of your report 42
8.Disclosure verification of debt 37
9.Problem with a credit reporting company's investigation into an existing problem 36
10.Communication tactics 34

Complaints by Year

Year Complaints
2013 2
2014 19
2015 16
2016 39
2017 80
2018 90
2019 86
2020 123
2021 208
2022 129
2023 134
2024 193
2025 65
2026 1

Complaints by State (Top 15)

Texas 353
Florida 322
Georgia 86
Louisiana 34
Ohio 32
California 31
Tennessee 28
South Carolina 27
Pennsylvania 25
Virginia 24
Alabama 20
Arizona 19
New Jersey 19
Missouri 17
Illinois 16

Company Responses

Closed with explanation 1,098
Closed with non-monetary relief 46
Closed 41

What the CFPB Complaint Record Shows for Paramount Recovery Systems, L.P.

The CFPB Consumer Complaint Database has logged 1,185 complaints against Paramount Recovery Systems, L.P. overall, with 23 of those filed in the trailing 12 months. Reports have come from consumers in 45 states and territories, making this a nationwide complaint 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.

Within the Bureau's 15-day response window, Paramount Recovery Systems, L.P. answers 97.4% of forwarded complaints. That clears the industry benchmark, pointing to intake and escalation processes that are working as intended. The company's response was formally disputed in 23.1% of resolved cases, indicating how frequently the initial fix fell short. Among resolved complaints, 3.9% 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 Recovery Systems, L.P. have?

Paramount Recovery Systems, L.P. has 1,185 total consumer complaints filed with the CFPB, with 23 filed in the last 12 months.

Does Paramount Recovery Systems, L.P. respond to complaints on time?

97.4% of the CFPB complaints against Paramount Recovery Systems, L.P. get a response within the expected window. That is a strong response record by CFPB standards.

What product generates the most complaints for Paramount Recovery Systems, L.P.?

Among all products tied to Paramount Recovery Systems, L.P., "Debt collection" accounts for the largest share of complaints (full breakdown above).

What is the most common complaint issue with Paramount Recovery Systems, L.P.?

"Attempts to collect debt not owed" is the single most frequently cited issue in complaints against Paramount Recovery Systems, L.P. - see all issues and counts above.

How do I file a complaint against Paramount Recovery Systems, L.P.?

You can file a complaint against Paramount Recovery Systems, L.P. 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 Recovery Systems, L.P.?

Consumers in 45 states and territories have filed complaints about Paramount Recovery Systems, L.P. 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