First Portfolio Servicing INC -- Consumer Complaint Report & Risk Analysis

Multiple Issues with Credit Reporting and Investigation

Complaint Summary

First Portfolio Servicing INC has received 272 consumer complaints filed with the CFPB across 7 products. The most common issues reported are improper use of your report, incorrect information on your report, attempts to collect debt not owed. Complaints span 41 states, with Texas and California leading in complaint volume.

Company Overview

Company: First Portfolio Servicing INC

Total CFPB Complaints: 272

AI Risk Score: 65/100

Most Recent Complaint: 2023-11-27T12:00:00-05:00

Risk Breakdown

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

AI Company Analysis

FIRST PORTFOLIO SERVICING INC has 271 consumer complaints on file with the CFPB. Company has received multiple complaints regarding incorrect information on credit reports. Complaints also mention issues with the investigation process and improper use of consumer reports.

Response Quality Assessment

fair

Top Consumer Issues

Incorrect information on credit reports -- Severity: medium

Red Flags

  • Multiple complaints about incorrect information on credit reports.

Green Flags

  • No significant positive feedback noted.

Consumer Tips & Advice

Consumers should verify their credit report for accuracy.

Complaint Trend Analysis

There is a trend of increasing complaints over the past year, indicating a potential ongoing issue.

Regulatory History

Regulatory history shows previous violations for improper use of consumer reports.

Industry Context

The company deals with credit card, reporting, and debt collection services, which are highly regulated.

Frequently Asked Questions About First Portfolio Servicing INC

How many CFPB complaints does FIRST PORTFOLIO SERVICING INC have?

FIRST PORTFOLIO SERVICING INC has 271 complaints on file with the CFPB. The most recent complaint was filed on October 21, 2022.

What is FIRST PORTFOLIO SERVICING INC's complaint response rate?

Response rate data is not yet available for FIRST PORTFOLIO SERVICING INC.

Does FIRST PORTFOLIO SERVICING INC respond to complaints on time?

Timely response data is not yet available for FIRST PORTFOLIO SERVICING INC.

Is FIRST PORTFOLIO SERVICING INC safe to do business with?

Multiple Issues with Credit Reporting and Investigation FIRST PORTFOLIO SERVICING INC has 271 CFPB complaints. Risk score: 65/100.

What red flags exist for FIRST PORTFOLIO SERVICING INC?

Potential red flags for FIRST PORTFOLIO SERVICING INC: Multiple complaints about incorrect information on credit reports.. These are based on analysis of CFPB complaint patterns.

What are FIRST PORTFOLIO SERVICING INC's strengths?

Positive indicators for FIRST PORTFOLIO SERVICING INC: No significant positive feedback noted..

What tips should consumers know about FIRST PORTFOLIO SERVICING INC?

Consumers should verify their credit report for accuracy.

Are complaints against FIRST PORTFOLIO SERVICING INC increasing or decreasing?

There is a trend of increasing complaints over the past year, indicating a potential ongoing issue. FIRST PORTFOLIO SERVICING INC currently has 271 total complaints.

Has FIRST PORTFOLIO SERVICING INC faced regulatory action?

Regulatory history shows previous violations for improper use of consumer reports.

How does FIRST PORTFOLIO SERVICING INC compare to industry peers?

The company deals with credit card, reporting, and debt collection services, which are highly regulated.

What is the most common issue reported by consumers?

The most common issue reported is incorrect information on credit reports.

Recent Complaints Against First Portfolio Servicing INC

Complaint IDProductIssueDate ReceivedCompany ResponseState
#21548173Vehicle loan or leaseManaging the loan or lease2026-04-23T12:00:00-05:00Texas
#20431960Debt collectionAttempts to collect debt not owed2026-03-19T12:00:00-05:00North Carolina
#20222665Vehicle loan or leaseStruggling to pay your loan2026-03-12T12:00:00-05:00California
#18516746Credit cardOther features, terms, or problems2026-01-06T12:00:00-05:00Texas
#17973950Credit cardImproper use of your report2025-12-11T12:00:00-05:00North Carolina
#18172874Credit reporting or other personal consumer reportsProblem with a company's investigation into an existing problem2025-12-04T12:00:00-05:00Illinois
#18148107Debt collectionTook or threatened to take negative or legal action2025-12-03T12:00:00-05:00Missouri
#18140855Credit cardFees or interest2025-12-03T12:00:00-05:00Illinois
#18113128Credit cardProblem when making payments2025-12-02T12:00:00-05:00Illinois
#18086433Credit cardClosing your account2025-12-02T12:00:00-05:00Rhode Island
#18075102Credit reporting or other personal consumer reportsImproper use of your report2025-12-01T12:00:00-05:00Ohio
#18071290Credit reporting or other personal consumer reportsIncorrect information on your report2025-12-01T12:00:00-05:00Georgia
#17995517Credit reporting or other personal consumer reportsProblem with a company's investigation into an existing problem2025-11-29T12:00:00-05:00Kentucky
#17995403Credit cardIncorrect information on your report2025-11-28T12:00:00-05:00Alabama
#17994984Credit cardGetting a credit card2025-11-28T12:00:00-05:00Michigan
#18534014Credit reporting or other personal consumer reportsIncorrect information on your report2025-11-26T12:00:00-05:00Pennsylvania
#17956022Debt collectionTook or threatened to take negative or legal action2025-11-26T12:00:00-05:00New Hampshire
#18861226Debt collectionWritten notification about debt2025-11-25T12:00:00-05:00Tennessee
#17926513Credit cardClosing your account2025-11-25T12:00:00-05:00Ohio
#17926466Credit cardOther features, terms, or problems2025-11-25T12:00:00-05:00Puerto Rico

First Portfolio Servicing INC Complaints by State

First Portfolio Servicing INC Complaints by Product

First Portfolio Servicing INC Complaints by Issue

Disclaimer

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

About This Report

This consumer complaint report for First Portfolio Servicing INC is generated by ReadTheComplaint using AI analysis of data from the CFPB.

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