Paramount Capital Group, INC. -- Consumer Complaint Report & Risk Analysis

Paramount Capital Group, Inc. - Timely Response Issues

Complaint Summary

Paramount Capital Group, INC. has received 33 consumer complaints filed with the CFPB across 7 products. The most common issues reported are incorrect information on your report, improper use of your report, attempts to collect debt not owed. Complaints span 18 states, with Texas and Georgia leading in complaint volume.

Company Overview

Company: Paramount Capital Group, INC.

Total CFPB Complaints: 33

AI Risk Score: 73/100

Most Recent Complaint: 2021-09-15T12:00:00-05:00

Risk Breakdown

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

AI Company Analysis

Paramount Capital Group, Inc. has 33 consumer complaints on file with the CFPB. Incorrect information on credit report Improper use of credit report Problems with debt collection

Response Quality Assessment

fair

Top Consumer Issues

Incorrect information on credit report -- Severity: medium

Red Flags

  • Multiple complaints about improper use of credit report

Green Flags

  • Company has a history of timely responses

Consumer Tips & Advice

Contact Paramount Capital Group, Inc. to verify the accuracy of your credit report.

Complaint Trend Analysis

There is a trend of complaints regarding the accuracy and use of credit reports, indicating a need for improved transparency and communication.

Regulatory History

Regulatory history shows consistent enforcement of credit reporting laws by the CFPB.

Industry Context

The credit reporting industry is under scrutiny for accuracy and fairness in reporting consumer information.

Frequently Asked Questions About Paramount Capital Group, INC.

How many CFPB complaints does Paramount Capital Group, Inc. have?

Paramount Capital Group, Inc. has 33 complaints on file with the CFPB. The most recent complaint was filed on September 15, 2021.

What is Paramount Capital Group, Inc.'s complaint response rate?

Response rate data is not yet available for Paramount Capital Group, Inc..

Does Paramount Capital Group, Inc. respond to complaints on time?

Timely response data is not yet available for Paramount Capital Group, Inc..

Is Paramount Capital Group, Inc. safe to do business with?

Paramount Capital Group, Inc. - Timely Response Issues Paramount Capital Group, Inc. has 33 CFPB complaints. Risk score: 73/100.

What red flags exist for Paramount Capital Group, Inc.?

Potential red flags for Paramount Capital Group, Inc.: Multiple complaints about improper use of credit report. These are based on analysis of CFPB complaint patterns.

What are Paramount Capital Group, Inc.'s strengths?

Positive indicators for Paramount Capital Group, Inc.: Company has a history of timely responses.

What tips should consumers know about Paramount Capital Group, Inc.?

Contact Paramount Capital Group, Inc. to verify the accuracy of your credit report.

Are complaints against Paramount Capital Group, Inc. increasing or decreasing?

There is a trend of complaints regarding the accuracy and use of credit reports, indicating a need for improved transparency and communication. Paramount Capital Group, Inc. currently has 33 total complaints.

Has Paramount Capital Group, Inc. faced regulatory action?

Regulatory history shows consistent enforcement of credit reporting laws by the CFPB.

How does Paramount Capital Group, Inc. compare to industry peers?

The credit reporting industry is under scrutiny for accuracy and fairness in reporting consumer information.

What unique insight can be provided regarding the complaints against Paramount Capital Group, Inc.?

The majority of complaints involve incorrect information on credit reports and improper use, suggesting a need for enhanced data validation and consumer communication practices.

Recent Complaints Against Paramount Capital Group, INC.

Complaint IDProductIssueDate ReceivedCompany ResponseState
#20867066Student loanIssue where my lender is my school2026-04-01T12:00:00-05:00Texas
#18667411Payday loan, title loan, personal loan, or advance loanProblem with a company's investigation into an existing problem2026-01-12T12:00:00-05:00Alabama
#9829721Credit reporting or other personal consumer reportsIncorrect information on your report2024-08-16T12:00:00-05:00Pennsylvania
#8366590Credit reporting or other personal consumer reportsImproper use of your report2024-02-17T12:00:00-05:00California
#8333732Debt collectionAttempts to collect debt not owed2024-02-12T12:00:00-05:00South Carolina
#7668957Student loanDealing with your lender or servicer2023-10-09T12:00:00-05:00Georgia
#7524689Credit reporting or other personal consumer reportsIncorrect information on your report2023-09-09T12:00:00-05:00Texas
#7511069Credit reporting or other personal consumer reportsProblem with a company's investigation into an existing problem2023-09-06T12:00:00-05:00Florida
#7316148Debt collectionAttempts to collect debt not owed2023-07-27T12:00:00-05:00Florida
#6853262Credit reporting, credit repair services, or other personal consumer reportsImproper use of your report2023-04-17T12:00:00-05:00North Carolina
#6809912Payday loan, title loan, or personal loanProblem with a credit reporting company's investigation into an existing problem2023-04-07T12:00:00-05:00Texas
#6360579Credit reporting, credit repair services, or other personal consumer reportsIncorrect information on your report2022-12-25T12:00:00-05:00Tennessee
#6241609Debt collectionTook or threatened to take negative or legal action2022-11-24T12:00:00-05:00Texas
#6051317Credit reporting, credit repair services, or other personal consumer reportsImproper use of your report2022-10-04T12:00:00-05:00Indiana
#5758452Credit reporting, credit repair services, or other personal consumer reportsIncorrect information on your report2022-07-11T12:00:00-05:00Virginia
#5529945Credit reporting, credit repair services, or other personal consumer reportsImproper use of your report2022-05-02T12:00:00-05:00Maryland
#5519151Credit reporting, credit repair services, or other personal consumer reportsImproper use of your report2022-04-29T12:00:00-05:00Oklahoma
#5485520Credit reporting, credit repair services, or other personal consumer reportsIncorrect information on your report2022-04-22T12:00:00-05:00Florida
#5337565Credit reporting, credit repair services, or other personal consumer reportsIncorrect information on your report2022-03-17T12:00:00-05:00South Carolina
#5216663Credit reporting, credit repair services, or other personal consumer reportsImproper use of your report2022-02-13T12:00:00-05:00Texas

Paramount Capital Group, INC. Complaints by State

Paramount Capital Group, INC. Complaints by Product

Paramount Capital Group, INC. Complaints by Issue

Disclaimer

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

About This Report

This consumer complaint report for Paramount Capital Group, INC. is generated by ReadTheComplaint using AI analysis of data from the CFPB.

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