CFPB · Diversified product mix
Summit Financial Corp.
76 CFPB complaints · diversified mix (top product 28.9%) · top issue Incorrect information on your report.
Summit Financial Corp.: top product "Debt collection" is only 28.9% of 76 - multi-bucket mix. Timely 57.9% · relief 0%. Allegations, not findings.
- Diversified product mix
- +600% filings 2014 to 2021
CFPB relief outcome brief
CCDB company summit-financial-corp
0% relief · 57.9% timely · 76 filings · Debt collection
Same-product relief peers
Nearest relief peer: Transworld Systems Inc (0% relief)
Summit Financial Corp. closes 0% with relief, below the 1.3% industry median among companies with ≥10 complaints. How CFPB response codes work →
Most of Summit Financial Corp.'s 76 filings include narrative text
59.2% carry a written consumer narrative, this ledger is unusually text-rich for a CFPB company page. Counts still add to the company's total filings; narrative presence is not a severity finding.
CFPB benchmark: response within 15 calendar days of filing.
Share closed with monetary or non-monetary relief.
Summit Financial Corp. complaint mix by product
- Debt collection 22 28.9% – 0% relief
- Consumer Loan 21 27.6% – 0% relief
- Credit reporting, 21 27.6% – 0% relief
- Vehicle loan 10 13.2% – 0% relief
- Payday loan, 1 1.3% – 0% relief
- Student loan 1 1.3% – 0% relief
How Summit Financial Corp.'s 76 complaints split across CFPB product categories. Resolution rate badge = % closed with monetary or non-monetary relief.
Complaints by Product
| Product | Complaints |
|---|---|
| Debt collection | 22 |
| Consumer Loan | 21 |
| Credit reporting, credit repair services, or other personal consumer reports | 21 |
| Vehicle loan or lease | 10 |
| Payday loan, title loan, or personal loan | 1 |
| Student loan | 1 |
Concentrated filing states for Summit Financial Corp.
Top states by attributed CFPB complaint volume for this company
- Leading state
- FL
- 60.5% of this company's filings
Summit Financial Corp. rising annual filings
Annual filing volume from the CFPB public database
- 2021
- 7
- +600% vs 2014
Top States
| State | Complaints |
|---|---|
| FL | 46 |
| GA | 11 |
| AL | 5 |
| NY | 2 |
| NV | 2 |
| NC | 1 |
| IN | 1 |
| CA | 1 |
| KS | 1 |
| TX | 1 |
| VA | 1 |
| MO | 1 |
| WY | 1 |
| ID | 1 |
Top Issues
| Issue | Complaints |
|---|---|
| Incorrect information on your report | 17 |
| Managing the loan or lease | 12 |
| Problems when you are unable to pay | 11 |
| Attempts to collect debt not owed | 9 |
| False statements or representation | 4 |
| Improper use of your report | 4 |
| Problems at the end of the loan or lease | 3 |
| Communication tactics | 2 |
| Improper contact or sharing of info | 2 |
| Problem with a credit reporting company's investigation into an existing problem | 2 |
| Struggling to pay your loan | 2 |
| Written notification about debt | 2 |
| Taking/threatening an illegal action | 1 |
| Taking out the loan or lease | 1 |
| Took or threatened to take negative or legal action | 1 |
| Fraud or scam | 1 |
| Threatened to contact someone or share information improperly | 1 |
| Dealing with your lender or servicer | 1 |
Yearly Trend
| Year | Complaints | Timely |
|---|---|---|
| 2014 | 1 | 100% |
| 2015 | 6 | 83.3% |
| 2016 | 14 | 100% |
| 2017 | 16 | 56.3% |
| 2018 | 13 | 76.9% |
| 2019 | 14 | 35.7% |
| 2020 | 5 | 0% |
| 2021 | 7 | 0% |
Source: CFPB Consumer Complaint Database
Summit Financial Corp. spreads across product buckets
Summit Financial Corp.'s 76 logged complaints stay concentrated: only 14 states show a filing. 59.2% of filings carry a written consumer narrative, an unusually well-documented record. Records run from 2014 through 2021-04-16.
Summit Financial Corp. answers 57.9% of complaints inside the CFPB's tracked window and closes 76.3% with a written explanation. 0% 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 "Incorrect information on your report."
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 Summit Financial Corp..
Compare beyond geography
Nationwide peers by volume & timely response
Two PlainComplaint-derived comparison paths for Summit Financial Corp.: 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: 76.
Similar timely response rate
Nearest companies by CFPB 15-day timely-response %. This record: 57.9%.
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 Summit Financial Corp. (57.9% timely; 0% relief). methodology.
Retrieved and formatted by PlainComplaint · vintage June 2026 · Diversified product mix