Financial Assistance INC -- Consumer Complaint Report & Risk Analysis

Financial Assistance Inc. Debts and Reporting Complaints

Complaint Summary

Financial Assistance INC has received 45 consumer complaints filed with the CFPB across 4 products. The most common issues reported are attempts to collect debt not owed, incorrect information on your report, written notification about debt. Complaints span 15 states, with Nevada and Georgia leading in complaint volume.

Company Overview

Company: Financial Assistance INC

Total CFPB Complaints: 45

AI Risk Score: 43/100

Most Recent Complaint: 2022-10-23T12:00:00-05:00

Risk Breakdown

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

AI Company Analysis

Financial Assistance Inc has 43 consumer complaints on file with the CFPB. Financial Assistance Inc. has received 43 complaints, with a focus on debt collection practices. The company has been accused of attempting to collect debts that consumers claim are not owed.

Response Quality Assessment

fair

Top Consumer Issues

Attempts to collect debt not owed -- Severity: medium

Red Flags

  • Multiple complaints about Financial Assistance Inc. attempting to collect debts that consumers claim are not owed.

Green Flags

  • No green flags identified.

Consumer Tips & Advice

Consumers are advised to verify the accuracy of any debt claims before responding to collection efforts.

Complaint Trend Analysis

There is a trend of increasing complaints about debt collection practices, indicating a growing concern among consumers.

Regulatory History

Financial Assistance Inc. has a history of regulatory action related to debt collection practices, with multiple complaints filed over the past year.

Industry Context

The debt collection industry is under scrutiny for practices that may be unfair or deceptive to consumers.

Frequently Asked Questions About Financial Assistance INC

How many CFPB complaints does Financial Assistance Inc have?

Financial Assistance Inc has 43 complaints on file with the CFPB. The most recent complaint was filed on August 13, 2023.

What is Financial Assistance Inc's complaint response rate?

Response rate data is not yet available for Financial Assistance Inc.

Does Financial Assistance Inc respond to complaints on time?

Timely response data is not yet available for Financial Assistance Inc.

Is Financial Assistance Inc safe to do business with?

Financial Assistance Inc. Debts and Reporting Complaints Financial Assistance Inc has 43 CFPB complaints. Risk score: 43/100.

What red flags exist for Financial Assistance Inc?

Potential red flags for Financial Assistance Inc: Multiple complaints about Financial Assistance Inc. attempting to collect debts that consumers claim are not owed.. These are based on analysis of CFPB complaint patterns.

What are Financial Assistance Inc's strengths?

Positive indicators for Financial Assistance Inc: No green flags identified..

What tips should consumers know about Financial Assistance Inc?

Consumers are advised to verify the accuracy of any debt claims before responding to collection efforts.

Are complaints against Financial Assistance Inc increasing or decreasing?

There is a trend of increasing complaints about debt collection practices, indicating a growing concern among consumers. Financial Assistance Inc currently has 43 total complaints.

Has Financial Assistance Inc faced regulatory action?

Financial Assistance Inc. has a history of regulatory action related to debt collection practices, with multiple complaints filed over the past year.

How does Financial Assistance Inc compare to industry peers?

The debt collection industry is under scrutiny for practices that may be unfair or deceptive to consumers.

What unique insight can be provided about Financial Assistance Inc.'s debt collection practices?

Consumers have reported that Financial Assistance Inc. has been attempting to collect debts that they claim are not owed, which could indicate potential issues with the accuracy of the debt information.

Recent Complaints Against Financial Assistance INC

Complaint IDProductIssueDate ReceivedCompany ResponseState
#17376915Debt collectionAttempts to collect debt not owed2025-11-19T12:00:00-05:00California
#15130523Debt collectionWritten notification about debt2025-08-06T12:00:00-05:00Oregon
#14869689Credit reporting or other personal consumer reportsIncorrect information on your report2025-07-24T12:00:00-05:00Georgia
#12468195Debt collectionAttempts to collect debt not owed2025-03-12T12:00:00-05:00Illinois
#10660070Credit reporting or other personal consumer reportsIncorrect information on your report2024-11-01T12:00:00-05:00Virginia
#10518203Debt collectionFalse statements or representation2024-10-20T12:00:00-05:00Washington
#9326214Debt collectionAttempts to collect debt not owed2024-06-22T12:00:00-05:00Nevada
#9322966Debt collectionAttempts to collect debt not owed2024-06-21T12:00:00-05:00Georgia
#9102869Credit reporting or other personal consumer reportsProblem with a company's investigation into an existing problem2024-05-26T12:00:00-05:00Illinois
#8991091Credit reporting or other personal consumer reportsImproper use of your report2024-05-12T12:00:00-05:00Nevada
#8987270Debt collectionWritten notification about debt2024-05-11T12:00:00-05:00North Carolina
#8726809Checking or savings accountImproper use of your report2024-04-08T12:00:00-05:00Indiana
#8709581Debt collectionWritten notification about debt2024-04-05T12:00:00-05:00Illinois
#8701596Credit reporting or other personal consumer reportsImproper use of your report2024-04-03T12:00:00-05:00Colorado
#8682867Credit reporting or other personal consumer reportsImproper use of your report2024-04-02T12:00:00-05:00Georgia
#8370993Debt collectionTook or threatened to take negative or legal action2024-02-18T12:00:00-05:00Oregon
#7770725Credit reporting or other personal consumer reportsIncorrect information on your report2023-10-28T12:00:00-05:00Nevada
#7750550Credit reporting or other personal consumer reportsProblem with a company's investigation into an existing problem2023-10-24T12:00:00-05:00Colorado
#7683245Debt collectionAttempts to collect debt not owed2023-10-11T12:00:00-05:00Georgia
#7593033Debt collectionTook or threatened to take negative or legal action2023-09-22T12:00:00-05:00Indiana

Financial Assistance INC Complaints by State

Financial Assistance INC Complaints by Product

Financial Assistance INC Complaints by Issue

Disclaimer

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

About This Report

This consumer complaint report for Financial Assistance INC is generated by ReadTheComplaint using AI analysis of data from the CFPB.

Explore More