2026 data Public-data reference. official source

Financial Asset Management Systems Inc

221 consumer complaints recorded in the CFPB Consumer Complaint Database, with breakdowns by product, state, and complaint year.

221 consumer complaints filed with the CFPB

This profile shows Financial Asset Management Systems Inc's complaint history from CFPB public records. 221 consumers have filed complaints since 2013. The company has a 99.5% timely response rate and has provided relief in 9.5% of cases.

221
Total Complaints
99.5%
Timely Response
10.4%
Disputed
9.5%
Relief Provided
36
States Active
2013
Since

Total complaints

221

Filed since 2013

Timely response

99.5%

CFPB-tracked response window

Relief rate

9.5%

Closed with monetary or non-monetary relief

Timely response rate 99.5%
Federal benchmark

CFPB benchmark: response within 15 calendar days of filing.

Relief rate 9.5%
Industry median

Share closed with monetary or non-monetary relief.

Financial Asset Management Systems Inc complaint mix by product

Total complaints: 221

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 221 total complaints. Trend arrow shows rolling 12-month direction. Inline badge shows resolution rate (% closed with relief). Debt collection: 172 complaints (77.8%), resolution 7.6% Debt collection 77.8% Student loan: 39 complaints (17.6%), resolution 17.9% Student loan 17.6% Credit reporting,: 6 complaints (2.7%), resolution 0.0% Credit reporting: 2 complaints (0.9%), resolution 0.0% Credit reporting: 1 complaints (0.5%), resolution 0.0% Other financial: 1 complaints (0.5%), resolution 100.0%
  • Debt collection 172 77.8% 8% relief
  • Student loan 39 17.6% 18% relief
  • Credit reporting, 6 2.7% 0% relief
  • Credit reporting 2 0.9% 0% relief
  • Credit reporting 1 0.5% 0% relief
  • Other financial 1 0.5% 100% relief

How Financial Asset Management Systems Inc's 221 complaints split across CFPB product categories. Resolution rate badge = % closed with monetary or non-monetary relief.

Complaints by Product

Product Complaints
Debt collection 172
Student loan 39
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

Top States

State Complaints
CA 42
NJ 23
GA 20
TX 16
FL 15
NY 14
SC 9
PA 7
OH 6
MI 6
AL 6
NC 5
IL 5
TN 4
MD 4
VA 3
CO 3
LA 3
MO 2
NH 2

Top Issues

Issue Complaints
Communication tactics 42
Attempts to collect debt not owed 32
Dealing with my lender or servicer 22
Cont'd attempts collect debt not owed 20
False statements or representation 20
Improper contact or sharing of info 18
Disclosure verification of debt 14
Written notification about debt 13
Dealing with your lender or servicer 8
Taking/threatening an illegal action 5
Took or threatened to take negative or legal action 5
Can't repay my loan 4
Improper use of your report 3
Threatened to contact someone or share information improperly 3
Incorrect information on your report 3
Struggling to repay your loan 2
Improper use of my credit report 1
Issue with income share agreement 1
Fraud or scam 1
Problem with a credit reporting company's investigation into an existing problem 1

Yearly Trend

Year Complaints Timely
2013 7 85.7%
2014 31 100%
2015 43 100%
2016 37 100%
2017 17 100%
2018 14 100%
2019 7 100%
2020 15 100%
2021 11 100%
2022 17 100%
2023 9 100%
2024 4 100%
2025 7 100%
2026 2 100%

Source: CFPB Consumer Complaint Database CFPB Consumer Complaint Database

What the CFPB Record Shows About Financial Asset Management Systems Inc

Financial Asset Management Systems Inc has accumulated 221 consumer complaints in the CFPB public database, with filings active across 36 U.S. states. Of those submissions, 81 include a consumer narrative — the verbatim description of the reported problem that the CFPB collects alongside each filing. The earliest complaint on file dates back to 2013, and the most recent logged activity is 2026-02-24, giving this record a multi-year window of observable consumer sentiment.

Looking at response behavior, Financial Asset Management Systems Inc reports a 99.5% timely-response rate and has closed 89.1% of cases with a written explanation to the consumer. 9.5% of complaints were closed with monetary or non-monetary relief — an outcome signal that tracks how often consumers walked away with some form of remediation. A further 10.4% of responses were formally disputed by the consumer after the company replied, a useful marker of resolution quality independent of sheer volume. The most-reported product category for this record is "Debt collection", and the single most common underlying issue is "Communication tactics".

Complaint volume is heavily influenced by company size, customer base, and market footprint — larger financial institutions routinely carry more filings purely because they serve more consumers. A complaint is a consumer-reported allegation, not proven wrongdoing, and a timely or relief-flagged closure does not by itself confirm fault. Use this page as one input among many when evaluating Financial Asset Management Systems Inc: cross-check against the CFPB Consumer Complaint Database directly, review your own contract terms, and consult a licensed professional for financial, legal, or regulatory advice. This page is informational only.

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.

Frequently Asked Questions

How many CFPB complaints does Financial Asset Management Systems Inc have?

Financial Asset Management Systems Inc has received 221 consumer complaints filed with the Consumer Financial Protection Bureau.

Does Financial Asset Management Systems Inc respond to complaints on time?

Financial Asset Management Systems Inc has a 99.5% timely response rate to CFPB complaints.

What is the most common complaint about Financial Asset Management Systems Inc?

The most common issue reported against Financial Asset Management Systems Inc is "Communication tactics" in the "Debt collection" product category.

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