CFPB · Single-product concentration

Merchants Credit Assoc. Inc SC

15 CFPB complaints · 100% in "Debt collection" · top issue Cont'd attempts collect debt not owed.

15 CFPB complaints

Merchants Credit Assoc. Inc SC: 100% of 15 CFPB complaints sit in "Debt collection". Timely 93.3% · relief 6.7%. Allegations, not findings.

  • Single-product concentration
  • 0% filings 2013 to 2018

CFPB relief outcome brief

CCDB company merchants-credit-assoc-inc-sc

6.7% relief · 93.3% timely · 15 filings · Debt collection

Nearest relief peer: Paramount Capital Group, Inc. (6.7% relief)

Merchants Credit Assoc. Inc …6.7%Credit Bureau of Carbon Coun…3%Credit Service Company0%Independent Bank Corp.15%American Capital Enterprises…1%
Closed-with-relief % among Merchants Credit Assoc. Inc SC and nearest filing-volume peers

Merchants Credit Assoc. Inc SC closes 6.7% with relief, above the 1.3% industry median among companies with ≥10 complaints. How CFPB response codes work →

How 15 complaints split on narrative text

CFPB records optionally include a consumer narrative. These two counts add to this company's total filings, volume of text present, not a finding about severity.

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Timely response rate 93.3%
Federal benchmark

CFPB benchmark: response within 15 calendar days of filing.

Relief rate 6.7%
Industry median (≥10 complaints)

Share closed with monetary or non-monetary relief.

Merchants Credit Assoc. Inc SC complaint mix by product

Total complaints: 15

Merchants Credit Assoc. Inc SC complaint mix by product Horizontal strip chart. Width of each segment is proportional to that category's share of the 15 total complaints. Trend arrow shows rolling 12-month direction. Inline badge shows resolution rate (% closed with relief). Debt collection: 15 complaints (100.0%), resolution 6.7% Debt collection 100.0%
  • Debt collection 15 100.0% 7% relief

How Merchants Credit Assoc. Inc SC's 15 complaints split across CFPB product categories. Resolution rate badge = % closed with monetary or non-monetary relief.

Complaints by Product

Product Complaints
Debt collection 15

Concentrated filing states for Merchants Credit Assoc. Inc SC

Top states by attributed CFPB complaint volume for this company

Concentrated footprint
Leading state
SC
80% of this company's filings
SC12NC1VA1GA1

Merchants Credit Assoc. Inc SC complaints by year

Annual filing volume from the CFPB public database

Trend in view
2018
1
0% vs 2013
0123456 201320142015201620172018 1

Top States

State Complaints
SC 12
NC 1
VA 1
GA 1

Top Issues

Issue Complaints
Cont'd attempts collect debt not owed 6
Disclosure verification of debt 2
Improper contact or sharing of info 2
Communication tactics 2
Took or threatened to take negative or legal action 2
False statements or representation 1

Yearly Trend

Year Complaints Timely
2013 1 100%
2014 4 75%
2015 3 100%
2016 5 100%
2017 1 100%
2018 1 100%

Source: CFPB Consumer Complaint Database

Merchants Credit Assoc. Inc SC filings cluster in one product

Merchants Credit Assoc. Inc SC's 15 logged complaints stay concentrated: only 4 states show a filing. Only 26.7% of filings carry a written consumer narrative, so most of this record is coded categories rather than verbatim complaint text. Records run from 2013 through 2018-02-21.

Merchants Credit Assoc. Inc SC answers 93.3% of complaints inside the CFPB's tracked window and closes 93.3% with a written explanation. 6.7% 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 "Cont'd attempts 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 Merchants Credit Assoc. Inc SC.

Compare beyond geography

Nationwide peers by volume & timely response

Two PlainComplaint-derived comparison paths for Merchants Credit Assoc. Inc SC: 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 Merchants Credit Assoc. Inc SC (93.3% timely; 6.7% relief). methodology.

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