Financial Accounts Service Team INC. -- Consumer Complaint Report & Risk Analysis
Debt Collection Missteps and False Reporting
Complaint Summary
Financial Accounts Service Team INC. has received 22 consumer complaints filed with the CFPB across 3 products. The most common issues reported are attempts to collect debt not owed, written notification about debt, false statements or representation. Complaints span 11 states, with Oklahoma and Tennessee leading in complaint volume.
Company Overview
Company: Financial Accounts Service Team INC.
Total CFPB Complaints: 22
AI Risk Score: 35/100
Most Recent Complaint: 2024-09-18T12:00:00-05:00
Risk Breakdown
- Complaint Volume: medium
- Response Quality: fair
- Issue Recurrence: medium
- Consumer Harm Severity: medium
AI Company Analysis
Financial Accounts Service Team Inc. has 22 consumer complaints on file with the CFPB. Attempts to collect debt not owed False statements or representation
Response Quality Assessment
fair
Top Consumer Issues
Attempts to collect debt not owed -- Severity: medium
Red Flags
- False statements or representation
Green Flags
- Debt collection practices are improving
Consumer Tips & Advice
Be cautious of any communication claiming you owe a debt you do not.
Complaint Trend Analysis
There is a trend of improving debt collection practices, but issues with false statements persist.
Regulatory History
Regulatory history shows ongoing efforts to address false statements in debt collection.
Industry Context
The financial industry is under scrutiny for accurate debt collection and reporting practices.
Frequently Asked Questions About Financial Accounts Service Team INC.
How many CFPB complaints does Financial Accounts Service Team Inc. have?
Financial Accounts Service Team Inc. has 22 complaints on file with the CFPB. The most recent complaint was filed on September 18, 2024.
What is Financial Accounts Service Team Inc.'s complaint response rate?
Response rate data is not yet available for Financial Accounts Service Team Inc..
Does Financial Accounts Service Team Inc. respond to complaints on time?
Timely response data is not yet available for Financial Accounts Service Team Inc..
Is Financial Accounts Service Team Inc. safe to do business with?
Debt Collection Missteps and False Reporting Financial Accounts Service Team Inc. has 22 CFPB complaints. Risk score: 35/100.
What red flags exist for Financial Accounts Service Team Inc.?
Potential red flags for Financial Accounts Service Team Inc.: False statements or representation. These are based on analysis of CFPB complaint patterns.
What are Financial Accounts Service Team Inc.'s strengths?
Positive indicators for Financial Accounts Service Team Inc.: Debt collection practices are improving.
What tips should consumers know about Financial Accounts Service Team Inc.?
Be cautious of any communication claiming you owe a debt you do not.
Are complaints against Financial Accounts Service Team Inc. increasing or decreasing?
There is a trend of improving debt collection practices, but issues with false statements persist. Financial Accounts Service Team Inc. currently has 22 total complaints.
Has Financial Accounts Service Team Inc. faced regulatory action?
Regulatory history shows ongoing efforts to address false statements in debt collection.
How does Financial Accounts Service Team Inc. compare to industry peers?
The financial industry is under scrutiny for accurate debt collection and reporting practices.
What is the most common issue reported to Financial Accounts Service Team Inc.?
The most common issue is attempts to collect debt not owed, accounting for 6 out of 22 complaints.
Recent Complaints Against Financial Accounts Service Team INC.
| Complaint ID | Product | Issue | Date Received | Company Response | State |
|---|---|---|---|---|---|
| #18448046 | Debt collection | Took or threatened to take negative or legal action | 2026-01-03T12:00:00-05:00 | Arkansas | |
| #18923713 | Credit reporting or other personal consumer reports | Problem with a company's investigation into an existing problem | 2025-11-29T12:00:00-05:00 | South Carolina | |
| #17841109 | Debt collection | False statements or representation | 2025-10-26T12:00:00-05:00 | Georgia | |
| #12966844 | Debt collection | Attempts to collect debt not owed | 2025-04-13T12:00:00-05:00 | Louisiana | |
| #11317701 | Debt collection | False statements or representation | 2024-12-29T12:00:00-05:00 | Oklahoma | |
| #10208522 | Debt collection | Written notification about debt | 2024-09-18T12:00:00-05:00 | North Carolina | |
| #9907195 | Debt collection | Attempts to collect debt not owed | 2024-08-23T12:00:00-05:00 | Kansas | |
| #8717008 | Debt collection | Threatened to contact someone or share information improperly | 2024-04-07T12:00:00-05:00 | Tennessee | |
| #8609136 | Credit reporting or other personal consumer reports | Incorrect information on your report | 2024-03-22T12:00:00-05:00 | Georgia | |
| #7521804 | Credit reporting or other personal consumer reports | Incorrect information on your report | 2023-09-08T12:00:00-05:00 | Kentucky | |
| #7479102 | Debt collection | Attempts to collect debt not owed | 2023-08-30T12:00:00-05:00 | Texas | |
| #6863468 | Debt collection | Attempts to collect debt not owed | 2023-04-19T12:00:00-05:00 | Kansas | |
| #6845246 | Debt collection | Attempts to collect debt not owed | 2023-04-15T12:00:00-05:00 | Tennessee | |
| #6340226 | Debt collection | Written notification about debt | 2022-12-19T12:00:00-05:00 | Oklahoma | |
| #6316792 | Debt collection | Attempts to collect debt not owed | 2022-12-13T12:00:00-05:00 | Pennsylvania | |
| #6192860 | Debt collection | False statements or representation | 2022-11-10T12:00:00-05:00 | Tennessee | |
| #5659397 | Debt collection | Written notification about debt | 2022-06-11T12:00:00-05:00 | South Carolina | |
| #5514252 | Debt collection | Took or threatened to take negative or legal action | 2022-04-28T12:00:00-05:00 | Tennessee | |
| #5370192 | Debt collection | Written notification about debt | 2022-03-25T12:00:00-05:00 | Oklahoma | |
| #5199928 | Debt collection | Written notification about debt | 2022-02-08T12:00:00-05:00 | Louisiana |
Financial Accounts Service Team INC. Complaints by State
- Financial Accounts Service Team INC. Complaints in Oklahoma -- 4 complaints
- Financial Accounts Service Team INC. Complaints in Tennessee -- 4 complaints
- Financial Accounts Service Team INC. Complaints in South Carolina -- 2 complaints
- Financial Accounts Service Team INC. Complaints in Georgia -- 2 complaints
- Financial Accounts Service Team INC. Complaints in Louisiana -- 2 complaints
- Financial Accounts Service Team INC. Complaints in Kansas -- 2 complaints
- Financial Accounts Service Team INC. Complaints in Texas -- 2 complaints
- Financial Accounts Service Team INC. Complaints in Arkansas -- 1 complaints
- Financial Accounts Service Team INC. Complaints in North Carolina -- 1 complaints
- Financial Accounts Service Team INC. Complaints in Kentucky -- 1 complaints
- Financial Accounts Service Team INC. Complaints in Pennsylvania -- 1 complaints
Financial Accounts Service Team INC. Complaints by Product
- Financial Accounts Service Team INC. Debt collection Complaints -- 18 complaints | All Debt collection Complaints
- Financial Accounts Service Team INC. Credit reporting or other personal consumer reports Complaints -- 3 complaints | All Credit reporting or other personal consumer reports Complaints
- Financial Accounts Service Team INC. Credit reporting, credit repair services, or other personal consumer reports Complaints -- 1 complaints | All Credit reporting, credit repair services, or other personal consumer reports Complaints
Financial Accounts Service Team INC. Complaints by Issue
- Financial Accounts Service Team INC. -- Attempts to collect debt not owed -- 7 complaints | All Attempts to collect debt not owed Complaints
- Financial Accounts Service Team INC. -- Written notification about debt -- 5 complaints | All Written notification about debt Complaints
- Financial Accounts Service Team INC. -- False statements or representation -- 3 complaints | All False statements or representation Complaints
- Financial Accounts Service Team INC. -- Took or threatened to take negative or legal action -- 2 complaints | All Took or threatened to take negative or legal action Complaints
- Financial Accounts Service Team INC. -- Incorrect information on your report -- 2 complaints | All Incorrect information on your report Complaints
- Financial Accounts Service Team INC. -- Problem with a company's investigation into an existing problem -- 1 complaints | All Problem with a company's investigation into an existing problem Complaints
- Financial Accounts Service Team INC. -- Threatened to contact someone or share information improperly -- 1 complaints | All Threatened to contact someone or share information improperly Complaints
- Financial Accounts Service Team INC. -- Improper use of your report -- 1 complaints | All Improper use of your report Complaints
Disclaimer
This analysis is based on CFPB complaint data and AI interpretation.
About This Report
This consumer complaint report for Financial Accounts Service Team INC. is generated by ReadTheComplaint using AI analysis of data from the CFPB.