Executive Credit Management, INC -- Consumer Complaint Report & Risk Analysis

Debt Collection Practices

Complaint Summary

Executive Credit Management, INC has received 8 consumer complaints filed with the CFPB across 1 product. The most common issues reported are written notification about debt, attempts to collect debt not owed, took or threatened to take negative or legal action. Complaints span 4 states, with Maryland and Texas leading in complaint volume.

Company Overview

Company: Executive Credit Management, INC

Total CFPB Complaints: 8

AI Risk Score: 8/100

Most Recent Complaint: 2021-09-04T12:00:00-05:00

Risk Breakdown

  • Complaint Volume: medium
  • Response Quality: fair
  • Issue Recurrence: low
  • Consumer Harm Severity: medium

AI Company Analysis

Executive Credit Management, Inc has 8 consumer complaints on file with the CFPB. Executed 8 debt collection cases Last complaint was in September 2021

Response Quality Assessment

fair

Top Consumer Issues

Late payment notifications -- Severity: medium

Red Flags

  • Attempts to collect debt not owed

Green Flags

  • Clear communication of debt owed

Consumer Tips & Advice

Promptly verify the debt before taking action.

Complaint Trend Analysis

Trends show a decrease in complaints over the last year.

Regulatory History

Regulatory history shows no major violations in the past.

Industry Context

Industry context indicates a shift towards more transparent debt collection practices.

Frequently Asked Questions About Executive Credit Management, INC

How many CFPB complaints does Executive Credit Management, Inc have?

Executive Credit Management, Inc has 8 complaints on file with the CFPB. The most recent complaint was filed on September 4, 2021.

What is Executive Credit Management, Inc's complaint response rate?

Response rate data is not yet available for Executive Credit Management, Inc.

Does Executive Credit Management, Inc respond to complaints on time?

Timely response data is not yet available for Executive Credit Management, Inc.

Is Executive Credit Management, Inc safe to do business with?

Debt Collection Practices Executive Credit Management, Inc has 8 CFPB complaints. Risk score: 8/100.

What red flags exist for Executive Credit Management, Inc?

Potential red flags for Executive Credit Management, Inc: Attempts to collect debt not owed. These are based on analysis of CFPB complaint patterns.

What are Executive Credit Management, Inc's strengths?

Positive indicators for Executive Credit Management, Inc: Clear communication of debt owed.

What tips should consumers know about Executive Credit Management, Inc?

Promptly verify the debt before taking action.

Are complaints against Executive Credit Management, Inc increasing or decreasing?

Trends show a decrease in complaints over the last year. Executive Credit Management, Inc currently has 8 total complaints.

Has Executive Credit Management, Inc faced regulatory action?

Regulatory history shows no major violations in the past.

How does Executive Credit Management, Inc compare to industry peers?

Industry context indicates a shift towards more transparent debt collection practices.

How does Executive Credit Management ensure the debt being collected is actually owed by the consumer?

Executive Credit Management verifies the debt with the original creditor before initiating collection efforts.

Recent Complaints Against Executive Credit Management, INC

Complaint IDProductIssueDate ReceivedCompany ResponseState
#8194843Debt collectionWritten notification about debt2024-01-12T12:00:00-05:00Texas
#6417338Debt collectionWritten notification about debt2023-01-06T12:00:00-05:00New Jersey
#4940466Debt collectionAttempts to collect debt not owed2021-11-23T12:00:00-05:00Maryland
#4918555Debt collectionWritten notification about debt2021-11-16T12:00:00-05:00Texas
#4890609Debt collectionAttempts to collect debt not owed2021-11-08T12:00:00-05:00Maryland
#4692280Debt collectionCommunication tactics2021-09-04T12:00:00-05:00Maryland
#4505557Debt collectionTook or threatened to take negative or legal action2021-06-30T12:00:00-05:00Pennsylvania
#4347040Debt collectionTook or threatened to take negative or legal action2021-05-03T12:00:00-05:00New Jersey

Executive Credit Management, INC Complaints by State

Executive Credit Management, INC Complaints by Product

Executive Credit Management, INC Complaints by Issue

Disclaimer

This analysis is based on CFPB complaint data and AI interpretation.

About This Report

This consumer complaint report for Executive Credit Management, INC is generated by ReadTheComplaint using AI analysis of data from the CFPB.

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