CFPB · Single-product concentration
Squaretwo Financial Corporation
493 CFPB complaints · 90.3% in "Debt collection" · top issue Cont'd attempts collect debt not owed.
Squaretwo Financial Corporation: 90.3% of 493 CFPB complaints sit in "Debt collection". Timely 97.8% · relief 25.2%. Allegations, not findings.
- Single-product concentration
- -97.8% filings 2013 to 2025
CFPB relief outcome brief
CCDB company squaretwo-financial-corporation
25.2% relief · 97.8% timely · 493 filings · Debt collection
Same-product relief peers
Nearest relief peer: Performant Financial Corporation (25.1% relief)
Squaretwo Financial Corporation closes 25.2% with relief, above the 1.3% industry median among companies with ≥10 complaints. How CFPB response codes work →
How 493 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.
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 |
Nationwide filing states for Squaretwo Financial Corporation
Top states by attributed CFPB complaint volume for this company
- Leading state
- CA
- 13.6% of this company's filings
Squaretwo Financial Corporation falling annual filings
Annual filing volume from the CFPB public database
- 2025
- 1
- -97.8% vs 2013
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
Squaretwo Financial Corporation filings cluster in one product
Squaretwo Financial Corporation's 493 logged complaints reach a nationwide footprint - 47 states have at least one filing. Only 26.8% 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 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.
Compare beyond geography
Nationwide peers by volume & timely response
Two PlainComplaint-derived comparison paths for Squaretwo Financial Corporation: 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: 493.
Similar timely response rate
Nearest companies by CFPB 15-day timely-response %. This record: 97.8%.
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 Squaretwo Financial Corporation (97.8% timely; 25.2% relief). methodology.
Retrieved and formatted by PlainComplaint · vintage June 2026 · Single-product concentration