CFPB · Single-product concentration

Security Credit Systems Inc

240 CFPB complaints · 76.7% in "Debt collection" · top issue Attempts to collect debt not owed.

240 CFPB complaints

Security Credit Systems Inc: 76.7% of 240 CFPB complaints sit in "Debt collection". Timely 99.2% · relief 0.4%. Allegations, not findings.

  • Single-product concentration
  • +800% filings 2014 to 2026

CFPB relief outcome brief

CCDB company security-credit-systems-inc

0.4% relief · 99.2% timely · 240 filings · Debt collection

Nearest relief peer: LJ Ross Associates (0.4% relief)

Security Credit Systems Inc …0.4%Accscient, LLC0%Land Home Financial Services4.6%Tenaglia & Hunt, PA0%First Financial Resources, I…0%
Closed-with-relief % among Security Credit Systems Inc and nearest filing-volume peers

Security Credit Systems Inc closes 0.4% with relief, below the 1.3% industry median among companies with ≥10 complaints. How CFPB response codes work →

How 240 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.

Subscribe (RSS)
Timely response rate 99.2%
Federal benchmark

CFPB benchmark: response within 15 calendar days of filing.

Relief rate 0.4%
Industry median (≥10 complaints)

Share closed with monetary or non-monetary relief.

Security Credit Systems Inc complaint mix by product

Total complaints: 240

Security Credit Systems Inc complaint mix by product Horizontal strip chart. Width of each segment is proportional to that category's share of the 240 total complaints. Trend arrow shows rolling 12-month direction. Inline badge shows resolution rate (% closed with relief). Debt collection: 184 complaints (76.7%), resolution 0.5% Debt collection 76.7% Credit reporting: 23 complaints (9.6%), resolution 0.0% Credit reporting 9.6% Credit reporting,: 21 complaints (8.8%), resolution 0.0% Credit reporting, 8.8% Student loan: 12 complaints (5.0%), resolution 0.0%
  • Debt collection 184 76.7% 1% relief
  • Credit reporting 23 9.6% 0% relief
  • Credit reporting, 21 8.8% 0% relief
  • Student loan 12 5.0% 0% relief

How Security Credit Systems Inc's 240 complaints split across CFPB product categories. Resolution rate badge = % closed with monetary or non-monetary relief.

Complaints by Product

Product Complaints
Debt collection 184
Credit reporting or other personal consumer reports 23
Credit reporting, credit repair services, or other personal consumer reports 21
Student loan 12

Where Security Credit Systems Inc complaints are filed

Top states by attributed CFPB complaint volume for this company

Concentrated footprint
Leading state
NY
33.8% of this company's filings
NY81NJ20FL18CA17TX15GA13PA9OH9

Security Credit Systems Inc rising annual filings

Annual filing volume from the CFPB public database

Rising vs first year
2026
18
+800% vs 2014
01020304050 2014201620182020202220242026 18

Top States

State Complaints
NY 81
NJ 20
FL 18
CA 17
TX 15
GA 13
PA 9
OH 9
IL 9
TN 5
NV 4
IN 4
NC 4
MA 4
OK 3
MD 3
MI 3
VA 3
CO 2
MS 2

Top Issues

Issue Complaints
Attempts to collect debt not owed 66
Incorrect information on your report 30
Communication tactics 29
False statements or representation 22
Written notification about debt 22
Took or threatened to take negative or legal action 15
Cont'd attempts collect debt not owed 12
Threatened to contact someone or share information improperly 11
Problem with a company's investigation into an existing problem 10
Dealing with my lender or servicer 6
Improper contact or sharing of info 5
Dealing with your lender or servicer 3
Improper use of your report 3
Disclosure verification of debt 2
Identity theft protection or other monitoring services 1
Struggling to repay your loan 1
Unable to get your credit report or credit score 1
Problem with a credit reporting company's investigation into an existing problem 1

Yearly Trend

Year Complaints Timely
2014 2 100%
2015 19 100%
2016 9 100%
2017 18 100%
2018 14 100%
2019 11 100%
2020 15 100%
2021 22 100%
2022 17 100%
2023 26 92.3%
2024 27 100%
2025 42 100%
2026 18 100%

Source: CFPB Consumer Complaint Database

Security Credit Systems Inc filings cluster in one product

Security Credit Systems Inc's 240 logged complaints stay concentrated: only 29 states show a filing. Only 38.8% of filings carry a written consumer narrative, so most of this record is coded categories rather than verbatim complaint text. Records run from 2014 through 2026-06-22.

Security Credit Systems Inc answers 99.2% of complaints inside the CFPB's tracked window and closes 94.2% with a written explanation. 0.4% 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 Security Credit Systems Inc.

Compare beyond geography

Nationwide peers by volume & timely response

Two PlainComplaint-derived comparison paths for Security Credit 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 Security Credit Systems Inc (99.2% timely; 0.4% relief). methodology.

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