CFPB · Single-product concentration
Praxis Financial Solutions, Incorporated
54 CFPB complaints · 85.2% in "Debt collection" · top issue Cont'd attempts collect debt not owed.
Praxis Financial Solutions, Incorporated: 85.2% of 54 CFPB complaints sit in "Debt collection". Timely 92.6% · relief 1.9%. Allegations, not findings.
- Single-product concentration
- -83.3% filings 2013 to 2018
CFPB relief outcome brief
CCDB company praxis-financial-solutions-incorporated
1.9% relief · 92.6% timely · 54 filings · Debt collection
Same-product relief peers
Nearest relief peer: Capital Accounts, LLC (1.9% relief)
Praxis Financial Solutions, Incorporated closes 1.9% with relief, above the 1.3% industry median among companies with ≥10 complaints. How CFPB response codes work →
How 54 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.
CFPB benchmark: response within 15 calendar days of filing.
Share closed with monetary or non-monetary relief.
Praxis Financial Solutions, Incorporated complaint mix by product
- Debt collection 46 85.2% – 0% relief
- Credit card 5 9.3% – 0% relief
- Credit reporting 1 1.9% – 100% relief
- Consumer Loan 1 1.9% – 0% relief
- Credit reporting, 1 1.9% – 0% relief
How Praxis Financial Solutions, Incorporated's 54 complaints split across CFPB product categories. Resolution rate badge = % closed with monetary or non-monetary relief.
Complaints by Product
| Product | Complaints |
|---|---|
| Debt collection | 46 |
| Credit card | 5 |
| Credit reporting | 1 |
| Consumer Loan | 1 |
| Credit reporting, credit repair services, or other personal consumer reports | 1 |
Where Praxis Financial Solutions, Incorporated complaints are filed
Top states by attributed CFPB complaint volume for this company
- Leading state
- CA
- 13% of this company's filings
Praxis Financial Solutions, Incorporated falling annual filings
Annual filing volume from the CFPB public database
- 2018
- 1
- -83.3% vs 2013
Top States
| State | Complaints |
|---|---|
| CA | 7 |
| TX | 6 |
| FL | 4 |
| IL | 3 |
| VA | 3 |
| NY | 3 |
| PA | 3 |
| IA | 2 |
| NC | 2 |
| MA | 2 |
| TN | 2 |
| OH | 2 |
| NJ | 2 |
| MD | 1 |
| AZ | 1 |
| LA | 1 |
| WI | 1 |
| SD | 1 |
| MN | 1 |
| CT | 1 |
Top Issues
| Issue | Complaints |
|---|---|
| Cont'd attempts collect debt not owed | 15 |
| Communication tactics | 13 |
| False statements or representation | 5 |
| Disclosure verification of debt | 5 |
| Improper contact or sharing of info | 4 |
| Other | 4 |
| Taking/threatening an illegal action | 2 |
| Improper use of my credit report | 1 |
| Bankruptcy | 1 |
| Managing the loan or lease | 1 |
| Attempts to collect debt not owed | 1 |
| Took or threatened to take negative or legal action | 1 |
| Problem with a credit reporting company's investigation into an existing problem | 1 |
Yearly Trend
| Year | Complaints | Timely |
|---|---|---|
| 2013 | 6 | 100% |
| 2014 | 18 | 100% |
| 2015 | 15 | 93.3% |
| 2016 | 7 | 100% |
| 2017 | 7 | 57.1% |
| 2018 | 1 | 100% |
Source: CFPB Consumer Complaint Database
Praxis Financial Solutions, Incorporated filings cluster in one product
Praxis Financial Solutions, Incorporated's 54 logged complaints stay concentrated: only 26 states show a filing. Only 25.9% 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 2018-12-06.
Praxis Financial Solutions, Incorporated answers 92.6% of complaints inside the CFPB's tracked window and closes 98.1% with a written explanation. 1.9% 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 Praxis Financial Solutions, Incorporated.
Compare beyond geography
Nationwide peers by volume & timely response
Two PlainComplaint-derived comparison paths for Praxis Financial Solutions, Incorporated: 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.
Similar filing volume
Nearest companies by total CFPB complaints. This record: 54.
Similar timely response rate
Nearest companies by CFPB 15-day timely-response %. This record: 92.6%.
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 Praxis Financial Solutions, Incorporated (92.6% timely; 1.9% relief). methodology.
Retrieved and formatted by PlainComplaint · vintage June 2026 · Single-product concentration