CFPB · Single-product concentration

Financial Corporation of America

165 CFPB complaints · 98.2% in "Debt collection" · top issue Attempts to collect debt not owed.

165 CFPB complaints

Financial Corporation of America: 98.2% of 165 CFPB complaints sit in "Debt collection". Timely 95.8% · relief 3%. Allegations, not findings.

  • Single-product concentration
  • -95.5% filings 2014 to 2025

CFPB relief outcome brief

CCDB company financial-corporation-of-america

3% relief · 95.8% timely · 165 filings · Debt collection

Nearest relief peer: Herbert P. Sears Co., Inc. (3% relief)

Financial Corporation of Ame…3%Banner Corporation13.3%Eagle Accounts Group, Inc.0%Express Collections, Inc.2.4%Finance of America Mortgage …21.8%
Closed-with-relief % among Financial Corporation of America and nearest filing-volume peers

Financial Corporation of America closes 3% with relief, above the 1.3% industry median among companies with ≥10 complaints. How CFPB response codes work →

Most of Financial Corporation of America's 165 filings include narrative text

46.7% 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 95.8%
Federal benchmark

CFPB benchmark: response within 15 calendar days of filing.

Relief rate 3.0%
Industry median (≥10 complaints)

Share closed with monetary or non-monetary relief.

Financial Corporation of America complaint mix by product

Total complaints: 165

Financial Corporation of America complaint mix by product Horizontal strip chart. Width of each segment is proportional to that category's share of the 165 total complaints. Trend arrow shows rolling 12-month direction. Inline badge shows resolution rate (% closed with relief). Debt collection: 162 complaints (98.2%), resolution 3.1% Debt collection 98.2% Credit reporting: 1 complaints (0.6%), resolution 0.0% Consumer Loan: 1 complaints (0.6%), resolution 0.0% Credit reporting,: 1 complaints (0.6%), resolution 0.0%
  • Debt collection 162 98.2% 3% relief
  • Credit reporting 1 0.6% 0% relief
  • Consumer Loan 1 0.6% 0% relief
  • Credit reporting, 1 0.6% 0% relief

How Financial Corporation of America's 165 complaints split across CFPB product categories. Resolution rate badge = % closed with monetary or non-monetary relief.

Complaints by Product

Product Complaints
Debt collection 162
Credit reporting or other personal consumer reports 1
Consumer Loan 1
Credit reporting, credit repair services, or other personal consumer reports 1

Where Financial Corporation of America complaints are filed

Top states by attributed CFPB complaint volume for this company

Concentrated footprint
Leading state
TX
32.7% of this company's filings
TX54FL21NV14CA13GA8MD5NJ5OK5

Financial Corporation of America falling annual filings

Annual filing volume from the CFPB public database

Falling vs first year
2025
1
-95.5% vs 2014
0102030 201420152016201720182019202020212022202320242025 1

Top States

State Complaints
TX 54
FL 21
NV 14
CA 13
GA 8
MD 5
NJ 5
OK 5
LA 4
NC 3
OH 3
NM 3
IL 3
AZ 2
MO 2
DC 2
WA 2
RI 2
NH 1
TN 1

Top Issues

Issue Complaints
Attempts to collect debt not owed 48
Cont'd attempts collect debt not owed 38
Communication tactics 26
Disclosure verification of debt 21
Written notification about debt 19
False statements or representation 5
Improper contact or sharing of info 3
Threatened to contact someone or share information improperly 2
Problem with a company's investigation into an existing issue 1
Managing the loan or lease 1
Incorrect information on your report 1

Yearly Trend

Year Complaints Timely
2014 22 86.4%
2015 28 96.4%
2016 18 100%
2017 18 94.4%
2018 10 90%
2019 11 100%
2020 11 100%
2021 5 100%
2022 11 100%
2023 21 100%
2024 9 88.9%
2025 1 100%

Source: CFPB Consumer Complaint Database

Financial Corporation of America filings cluster in one product

Financial Corporation of America's 165 logged complaints stay concentrated: only 29 states show a filing. 46.7% of filings carry a written consumer narrative, an unusually well-documented record. Records run from 2014 through 2025-02-17.

Financial Corporation of America answers 95.8% of complaints inside the CFPB's tracked window and closes 93.3% with a written explanation. 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 "Attempts to collect debt not owed."

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 Corporation of America.

Compare beyond geography

Nationwide peers by volume & timely response

Two PlainComplaint-derived comparison paths for Financial Corporation of America: 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 Corporation of America (95.8% timely; 3% relief). methodology.

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