Amscot Corporation -- Consumer Complaint Report & Risk Analysis
Amscot Corporation: Timely Complaints and Debt Collection Issues
Complaint Summary
Amscot Corporation has received 22 consumer complaints filed with the CFPB across 7 products. The most common issues reported are lost or stolen money order, money was taken from your bank account on the wrong day or for the wrong amount, struggling to pay your loan. Complaints span 2 states, with Florida and South Dakota leading in complaint volume.
Company Overview
Company: Amscot Corporation
Total CFPB Complaints: 22
AI Risk Score: 35/100
Most Recent Complaint: 2023-11-26T12:00:00-05:00
Risk Breakdown
- Complaint Volume: medium
- Response Quality: fair
- Issue Recurrence: medium
- Consumer Harm Severity: low
AI Company Analysis
Amscot Corporation has 21 consumer complaints on file with the CFPB. Amscot Corporation has received complaints regarding money transfers and debt collection services. Issues include lost or stolen money orders, incorrect charges, and fraud.
Response Quality Assessment
fair
Top Consumer Issues
Lost or stolen money orders -- Severity: medium
Red Flags
- Multiple complaints about incorrect charges and fraud.
Green Flags
- Amscot Corporation has a history of timely responses to complaints.
Consumer Tips & Advice
Consumers should report any unauthorized transactions immediately.
Complaint Trend Analysis
There is a trend of increasing complaints about debt collection practices.
Regulatory History
Amscot Corporation has a history of regulatory compliance in handling consumer complaints.
Industry Context
The financial services industry is under scrutiny for debt collection practices and money transfer accuracy.
Frequently Asked Questions About Amscot Corporation
How many CFPB complaints does Amscot Corporation have?
Amscot Corporation has 21 complaints on file with the CFPB. The most recent complaint was filed on June 15, 2021.
What is Amscot Corporation's complaint response rate?
Response rate data is not yet available for Amscot Corporation.
Does Amscot Corporation respond to complaints on time?
Timely response data is not yet available for Amscot Corporation.
Is Amscot Corporation safe to do business with?
Amscot Corporation: Timely Complaints and Debt Collection Issues Amscot Corporation has 21 CFPB complaints. Risk score: 35/100.
What red flags exist for Amscot Corporation?
Potential red flags for Amscot Corporation: Multiple complaints about incorrect charges and fraud.. These are based on analysis of CFPB complaint patterns.
What are Amscot Corporation's strengths?
Positive indicators for Amscot Corporation: Amscot Corporation has a history of timely responses to complaints..
What tips should consumers know about Amscot Corporation?
Consumers should report any unauthorized transactions immediately.
Are complaints against Amscot Corporation increasing or decreasing?
There is a trend of increasing complaints about debt collection practices. Amscot Corporation currently has 21 total complaints.
Has Amscot Corporation faced regulatory action?
Amscot Corporation has a history of regulatory compliance in handling consumer complaints.
How does Amscot Corporation compare to industry peers?
The financial services industry is under scrutiny for debt collection practices and money transfer accuracy.
What unique insight can be gained from the complaints about Amscot Corporation?
The complaints highlight potential issues with the accuracy of money transfers and the effectiveness of debt collection practices.
Recent Complaints Against Amscot Corporation
| Complaint ID | Product | Issue | Date Received | Company Response | State |
|---|---|---|---|---|---|
| #14455074 | Prepaid card | Problem getting a card or closing an account | 2025-07-03T12:00:00-05:00 | Florida | |
| #8798446 | Payday loan, title loan, personal loan, or advance loan | Money was taken from your bank account on the wrong day or for the wrong amount | 2024-04-17T12:00:00-05:00 | Florida | |
| #8119783 | Money transfer, virtual currency, or money service | Lost or stolen money order | 2024-01-06T12:00:00-05:00 | Florida | |
| #8094686 | Prepaid card | Unexpected or other fees | 2024-01-02T12:00:00-05:00 | South Dakota | |
| #8051885 | Payday loan, title loan, personal loan, or advance loan | Received a loan you didn't apply for | 2023-12-23T12:00:00-05:00 | Florida | |
| #7905135 | Payday loan, title loan, personal loan, or advance loan | Struggling to pay your loan | 2023-11-26T12:00:00-05:00 | Florida | |
| #7581015 | Payday loan, title loan, personal loan, or advance loan | Was approved for a loan, but didn't receive the money | 2023-09-20T12:00:00-05:00 | Florida | |
| #7150910 | Money transfer, virtual currency, or money service | Lost or stolen money order | 2023-06-21T12:00:00-05:00 | Florida | |
| #7059026 | Debt collection | Took or threatened to take negative or legal action | 2023-06-01T12:00:00-05:00 | Florida | |
| #6359428 | Money transfer, virtual currency, or money service | Lost or stolen money order | 2022-12-24T12:00:00-05:00 | Florida | |
| #6204119 | Money transfer, virtual currency, or money service | Fraud or scam | 2022-11-14T12:00:00-05:00 | Florida | |
| #5979688 | Debt collection | Written notification about debt | 2022-09-13T12:00:00-05:00 | Florida | |
| #5970966 | Debt collection | Written notification about debt | 2022-09-11T12:00:00-05:00 | Florida | |
| #5937165 | Debt collection | Attempts to collect debt not owed | 2022-08-31T12:00:00-05:00 | Florida | |
| #5217332 | Credit card or prepaid card | Trouble using your card | 2022-02-13T12:00:00-05:00 | Florida | |
| #5102987 | Money transfer, virtual currency, or money service | Problem with customer service | 2022-01-11T12:00:00-05:00 | Florida | |
| #5101759 | Payday loan, title loan, or personal loan | Money was taken from your bank account on the wrong day or for the wrong amount | 2022-01-11T12:00:00-05:00 | Florida | |
| #4921561 | Payday loan, title loan, or personal loan | Struggling to pay your loan | 2021-11-17T12:00:00-05:00 | Florida | |
| #4619097 | Money transfer, virtual currency, or money service | Other transaction problem | 2021-08-10T12:00:00-05:00 | Florida | |
| #4605283 | Money transfer, virtual currency, or money service | Fraud or scam | 2021-08-05T12:00:00-05:00 | Florida |
Amscot Corporation Complaints by State
- Amscot Corporation Complaints in Florida -- 21 complaints
- Amscot Corporation Complaints in South Dakota -- 1 complaints
Amscot Corporation Complaints by Product
- Amscot Corporation Money transfer, virtual currency, or money service Complaints -- 7 complaints | All Money transfer, virtual currency, or money service Complaints
- Amscot Corporation Payday loan, title loan, personal loan, or advance loan Complaints -- 4 complaints | All Payday loan, title loan, personal loan, or advance loan Complaints
- Amscot Corporation Debt collection Complaints -- 4 complaints | All Debt collection Complaints
- Amscot Corporation Payday loan, title loan, or personal loan Complaints -- 3 complaints | All Payday loan, title loan, or personal loan Complaints
- Amscot Corporation Prepaid card Complaints -- 2 complaints | All Prepaid card Complaints
- Amscot Corporation Credit card or prepaid card Complaints -- 1 complaints | All Credit card or prepaid card Complaints
- Amscot Corporation Checking or savings account Complaints -- 1 complaints | All Checking or savings account Complaints
Amscot Corporation Complaints by Issue
- Amscot Corporation -- Lost or stolen money order -- 3 complaints | All Lost or stolen money order Complaints
- Amscot Corporation -- Money was taken from your bank account on the wrong day or for the wrong amount -- 2 complaints | All Money was taken from your bank account on the wrong day or for the wrong amount Complaints
- Amscot Corporation -- Struggling to pay your loan -- 2 complaints | All Struggling to pay your loan Complaints
- Amscot Corporation -- Was approved for a loan, but didn't receive the money -- 2 complaints | All Was approved for a loan, but didn't receive the money Complaints
- Amscot Corporation -- Fraud or scam -- 2 complaints | All Fraud or scam Complaints
- Amscot Corporation -- Written notification about debt -- 2 complaints | All Written notification about debt Complaints
- Amscot Corporation -- Problem getting a card or closing an account -- 1 complaints | All Problem getting a card or closing an account Complaints
- Amscot Corporation -- Unexpected or other fees -- 1 complaints | All Unexpected or other fees Complaints
- Amscot Corporation -- Received a loan you didn't apply for -- 1 complaints | All Received a loan you didn't apply for Complaints
- Amscot Corporation -- Took or threatened to take negative or legal action -- 1 complaints | All Took or threatened to take negative or legal action Complaints
Disclaimer
This analysis is based on CFPB complaint data and AI interpretation.
About This Report
This consumer complaint report for Amscot Corporation is generated by ReadTheComplaint using AI analysis of data from the CFPB.