CFPB · Single-product concentration

Financial Asset Management Systems Inc

258 CFPB complaints · 79.8% in "Debt collection" · top issue Communication tactics.

258 CFPB complaints

Financial Asset Management Systems Inc: 79.8% of 258 CFPB complaints sit in "Debt collection". Timely 99.6% · relief 9.3%. Allegations, not findings.

  • Single-product concentration
  • -71.4% filings 2013 to 2026

CFPB relief outcome brief

CCDB company financial-asset-management-systems-inc

9.3% relief · 99.6% timely · 258 filings · Debt collection

Nearest relief peer: Client Services, Inc. (9.3% relief)

Financial Asset Management S…9.3%C/C Financial0%RSI Enterprises, Inc.24.3%Chime Inc.33.8%Sunset Management, Inc0.4%
Closed-with-relief % among Financial Asset Management Systems Inc and nearest filing-volume peers

Financial Asset Management Systems Inc closes 9.3% with relief, above the 1.3% industry median among companies with ≥10 complaints. How CFPB response codes work →

Most of Financial Asset Management Systems Inc's 258 filings include narrative text

46.1% carry a written consumer narrative, this ledger is unusually text-rich for a CFPB company page. Counts still add to the company's total filings; narrative presence is not a severity finding.

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Timely response rate 99.6%
Federal benchmark

CFPB benchmark: response within 15 calendar days of filing.

Relief rate 9.3%
Industry median (≥10 complaints)

Share closed with monetary or non-monetary relief.

Financial Asset Management Systems Inc complaint mix by product

Total complaints: 258

Financial Asset Management Systems Inc complaint mix by product Horizontal strip chart. Width of each segment is proportional to that category's share of the 258 total complaints. Trend arrow shows rolling 12-month direction. Inline badge shows resolution rate (% closed with relief). Debt collection: 206 complaints (79.8%), resolution 7.8% Debt collection 79.8% Student loan: 42 complaints (16.3%), resolution 16.7% Student loan 16.3% Credit reporting,: 6 complaints (2.3%), resolution 0.0% Credit reporting: 2 complaints (0.8%), resolution 0.0% Credit reporting: 1 complaints (0.4%), resolution 0.0% Other financial: 1 complaints (0.4%), resolution 100.0%
  • Debt collection 206 79.8% 8% relief
  • Student loan 42 16.3% 17% relief
  • Credit reporting, 6 2.3% 0% relief
  • Credit reporting 2 0.8% 0% relief
  • Credit reporting 1 0.4% 0% relief
  • Other financial 1 0.4% 100% relief

How Financial Asset Management Systems Inc's 258 complaints split across CFPB product categories. Resolution rate badge = % closed with monetary or non-monetary relief.

Complaints by Product

Product Complaints
Debt collection 206
Student loan 42
Credit reporting, credit repair services, or other personal consumer reports 6
Credit reporting 2
Credit reporting or other personal consumer reports 1
Other financial service 1

Where Financial Asset Management Systems Inc complaints are filed

Top states by attributed CFPB complaint volume for this company

Concentrated footprint
Leading state
CA
17.1% of this company's filings
CA44GA29NJ26FL19NY17TX16SC10IL8

Financial Asset Management Systems Inc falling annual filings

Annual filing volume from the CFPB public database

Falling vs first year
2026
2
-71.4% vs 2013
01020304050 20132015201720192021202320252026 2

Top States

State Complaints
CA 44
GA 29
NJ 26
FL 19
NY 17
TX 16
SC 10
IL 8
AL 8
PA 7
MI 6
OH 6
NC 5
MA 4
TN 4
MD 4
LA 3
MN 3
CO 3
VA 3

Top Issues

Issue Complaints
Communication tactics 55
Attempts to collect debt not owed 39
False statements or representation 22
Dealing with my lender or servicer 22
Cont'd attempts collect debt not owed 21
Improper contact or sharing of info 20
Disclosure verification of debt 16
Written notification about debt 15
Dealing with your lender or servicer 10
Took or threatened to take negative or legal action 8
Threatened to contact someone or share information improperly 5
Taking/threatening an illegal action 5
Can't repay my loan 4
Incorrect information on your report 3
Struggling to repay your loan 3
Improper use of your report 3
Identity theft protection or other monitoring services 1
Issue with income share agreement 1
Fraud or scam 1
Improper use of my credit report 1

Yearly Trend

Year Complaints Timely
2013 7 85.7%
2014 31 100%
2015 47 100%
2016 39 100%
2017 19 100%
2018 20 100%
2019 12 100%
2020 20 100%
2021 15 100%
2022 20 100%
2023 13 100%
2024 5 100%
2025 8 100%
2026 2 100%

Source: CFPB Consumer Complaint Database

Financial Asset Management Systems Inc filings cluster in one product

Financial Asset Management Systems Inc's 258 logged complaints stay concentrated: only 38 states show a filing. 46.1% of filings carry a written consumer narrative, an unusually well-documented record. Records run from 2013 through 2026-02-24.

Financial Asset Management Systems Inc answers 99.6% of complaints inside the CFPB's tracked window and closes 89.5% with a written explanation. 9.3% end in monetary or non-monetary relief for the consumer. Consumers disputed just 0% of responses after the company replied. "Debt collection" draws the most filings, most often for "Communication tactics."

A complaint is a consumer-reported allegation, not proven wrongdoing. See the disclaimer below for how volume relates to company size, and cross-check against the CFPB Consumer Complaint Database directly before drawing conclusions about Financial Asset Management Systems Inc.

Compare beyond geography

Nationwide peers by volume & timely response

Two PlainComplaint-derived comparison paths for Financial Asset Management Systems Inc: nearest filing volume and nearest CFPB timely-response rate among companies with at least 100 logged complaints. State breakdowns above stay geographic; these neighborhoods vary by metric.

Disclaimer: This data is from CFPB public records. PlainComplaint does not provide financial advice. A complaint does not indicate that a company has violated any law or regulation. Complaint volumes are influenced by company size, customer base, and market presence. Use this data as one of many inputs when evaluating a company.

Data sourced from official public datasets for Financial Asset Management Systems Inc (99.6% timely; 9.3% relief). methodology.

Retrieved and formatted by PlainComplaint · vintage June 2026 · Single-product concentration