CFPB Consumer Complaint Profile

Security Credit Systems Inc

Consumers have filed 228 complaints with the CFPB against this company, a record that maps out how disputes over credit, billing and collections tend to unfold.

Data updated 2026-05-15

228
Total complaints
40
Last 12 months
99.1%
Timely response
28
States affected

The verdict

Out of 3,848 financial companies in the CFPB database, Security Credit Systems Inc has accumulated 228 complaints, placing it #838 by volume. Its on-time response rate is 99.1%, ahead of the 93% median among companies with 100+ complaints.

#838
of 3,848 companies by volume
99.1%
answered on time
Debt collection
most-complained product
28
states with complaints
Security Credit Systems Inc timely response rate 99.1%
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 - I do not know 76
Debt collection - Private student loan debt 27
Debt collection - Other debt 25
Credit reporting, credit repair services, or other personal consumer reports - Credit reporting 20
Credit reporting or other personal consumer reports - Credit reporting 19
Debt collection - Other (i.e. phone, health club, etc.) 14
Debt collection - Medical debt 10
Debt collection - Credit card debt 6
Debt collection - Non-federal student loan 5
Student loan - Federal student loan servicing 5

Top Issues

1.Attempts to collect debt not owed 59
2.Communication tactics 29
3.Incorrect information on your report 28
4.Written notification about debt 22
5.False statements or representation 22
6.Took or threatened to take negative or legal action 14
7.Cont'd attempts collect debt not owed 12
8.Threatened to contact someone or share information improperly 11
9.Problem with a company's investigation into an existing problem 8
10.Dealing with my lender or servicer 6

Complaints by Year

Year Complaints
2014 2
2015 19
2016 9
2017 18
2018 14
2019 11
2020 15
2021 22
2022 17
2023 26
2024 27
2025 42
2026 6

Complaints by State (Top 15)

New York 79
Florida 17
New Jersey 17
California 17
Georgia 13
Texas 13
Pennsylvania 9
Illinois 9
Ohio 9
Tennessee 5
Massachusetts 4
Nevada 4
North Carolina 4
Indiana 4
Maryland 3

Company Responses

Closed with explanation 221
Closed 6
Closed with monetary relief 1

What the CFPB Complaint Record Shows for Security Credit Systems Inc

Security Credit Systems Inc carries 228 complaints in the CFPB's database, 40 of them filed within the past 12 months. Consumers spanning 28 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.

Security Credit Systems Inc's timely response rate stands at 99.1%, meaning that share of CFPB-forwarded complaints received a company reply within the 15-day window the Bureau expects. That figure is at or above the industry benchmark and suggests the company's intake and escalation processes are functioning as designed. The company's response was formally disputed in 27.5% of resolved cases, indicating how frequently the initial fix fell short. Among resolved complaints, 0.4% 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 Security Credit Systems Inc have?

228 complaints have been filed against Security Credit Systems Inc with the CFPB overall - 40 of them in the past year.

Does Security Credit Systems Inc respond to complaints on time?

Security Credit Systems Inc's CFPB timely-response rate is 99.1%. That is a strong response record by CFPB standards.

What product generates the most complaints for Security Credit Systems Inc?

"Debt collection" draws more CFPB complaints against Security Credit Systems Inc than any other product - see the full breakdown above.

What is the most common complaint issue with Security Credit Systems Inc?

The most common issue reported by consumers about Security Credit Systems Inc is "Attempts to collect debt not owed." All complaint issues are listed above with their counts.

How do I file a complaint against Security Credit Systems Inc?

You can file a complaint against Security Credit Systems 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 Security Credit Systems Inc?

The CFPB has recorded complaints against Security Credit Systems Inc from 28 separate states and territories, including jurisdictions beyond the 52 with a dedicated state page here - Guam, the U.S. Virgin Islands, and APO/FPO military postal codes among them.

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