Squaretwo Financial Corporation
493 consumer complaints recorded in the CFPB Consumer Complaint Database, with breakdowns by product, state, and complaint year.
Data updated June 2026
CFPB benchmark: response within 15 calendar days of filing.
Share closed with monetary or non-monetary relief.
Squaretwo Financial Corporation complaint mix by product
- Debt collection 445 90.4% – 26% relief
- Credit card 15 3.0% – 7% relief
- Credit reporting 9 1.8% – 33% relief
- Consumer Loan 7 1.4% – 14% relief
- Credit reporting, 6 1.2% – 0% relief
- Bank account 5 1.0% – 20% relief
- Student loan 5 1.0% – 20% relief
How Squaretwo Financial Corporation's 493 complaints split across CFPB product categories. Resolution rate badge = % closed with monetary or non-monetary relief.
Complaints by Product
| Product | Complaints |
|---|---|
| Debt collection | 445 |
| Credit card | 15 |
| Credit reporting | 9 |
| Consumer Loan | 7 |
| Credit reporting, credit repair services, or other personal consumer reports | 6 |
| Bank account or service | 5 |
| Student loan | 5 |
| Payday loan | 1 |
Top States
| State | Complaints |
|---|---|
| CA | 67 |
| FL | 47 |
| NY | 45 |
| TX | 40 |
| GA | 26 |
| IL | 21 |
| NJ | 21 |
| PA | 18 |
| WA | 16 |
| NC | 16 |
| VA | 12 |
| MI | 12 |
| AZ | 11 |
| MD | 9 |
| IN | 9 |
| OH | 8 |
| OR | 7 |
| TN | 7 |
| NE | 7 |
| CO | 7 |
Top Issues
| Issue | Complaints |
|---|---|
| Cont'd attempts collect debt not owed | 172 |
| Disclosure verification of debt | 118 |
| Taking/threatening an illegal action | 47 |
| False statements or representation | 36 |
| Communication tactics | 30 |
| Improper contact or sharing of info | 27 |
| Incorrect information on credit report | 8 |
| Attempts to collect debt not owed | 7 |
| Incorrect information on your report | 5 |
| Written notification about debt | 5 |
| Delinquent account | 5 |
| Account opening, closing, or management | 4 |
| Managing the loan or lease | 4 |
| Other | 3 |
| Identity theft / Fraud / Embezzlement | 2 |
| Can't repay my loan | 2 |
| Dealing with my lender or servicer | 2 |
| Taking out the loan or lease | 2 |
| Took or threatened to take negative or legal action | 2 |
| Problems when you are unable to pay | 1 |
Yearly Trend
| Year | Complaints | Timely |
|---|---|---|
| 2013 | 46 | 100% |
| 2014 | 111 | 99.1% |
| 2015 | 134 | 100% |
| 2016 | 138 | 100% |
| 2017 | 55 | 98.2% |
| 2018 | 7 | 0% |
| 2019 | 1 | 0% |
| 2025 | 1 | 0% |
Source: CFPB Consumer Complaint Database CFPB Consumer Complaint Database
What the CFPB Record Shows About Squaretwo Financial Corporation
Squaretwo Financial Corporation's 493 logged complaints reach a nationwide footprint - 47 states have at least one filing on record. Only 26.8% of filings carry a written consumer narrative, so most of this record is coded categories rather than the verbatim complaint text. Records run from 2013 through 2025-02-28.
Squaretwo Financial Corporation answers 97.8% of complaints inside the CFPB's tracked window and closes 72.2% with a written explanation. 25.2% 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 Squaretwo Financial Corporation.
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 Squaretwo Financial Corporation have?
493, per the CFPB's public complaint count for this company (see the full breakdown above).
Does Squaretwo Financial Corporation respond to complaints on time?
97.8% of the time, measured against the CFPB's 15-calendar-day response window.
What is the most common complaint about Squaretwo Financial Corporation?
"Cont'd attempts collect debt not owed", filed under the "Debt collection" category - see the issues and products tables above for the full ranking.
Every figure on PlainComplaint is rendered directly from the CFPB Consumer Complaint Database, no number is typed in by an editor. Company figures are computed directly from the CFPB Consumer Complaint Database, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.