Paramount Recovery Systems, L.P. -- Consumer Complaint Report & Risk Analysis
Paramount Recovery Systems, L.P. - Debt Collection and Credit Reporting Issues
Complaint Summary
Paramount Recovery Systems, L.P. has received 185 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, incorrect information on your report. Complaints span 31 states, with Florida and Texas leading in complaint volume.
Company Overview
Company: Paramount Recovery Systems, L.P.
Total CFPB Complaints: 185
AI Risk Score: 73/100
Most Recent Complaint: 2021-06-09T12:00:00-05:00
Risk Breakdown
- Complaint Volume: medium
- Response Quality: fair
- Issue Recurrence: high
- Consumer Harm Severity: medium
AI Company Analysis
Paramount Recovery Systems, L.P. has 181 consumer complaints on file with the CFPB. Paramount Recovery Systems, L.P. has received 181 complaints, with the majority of issues related to debt collection and credit reporting. The company has a history of improper debt collection practices and incorrect information on consumer reports.
Response Quality Assessment
fair
Top Consumer Issues
Improper debt collection practices -- Severity: medium
Red Flags
- Multiple complaints about incorrect information on credit reports and improper debt collection.
Green Flags
- Some consumers reported that the company provided timely responses to their inquiries.
Consumer Tips & Advice
Consumers should verify the accuracy of any information on their credit reports and seek legal advice if necessary.
Complaint Trend Analysis
There is a trend of increasing complaints about debt collection practices and credit reporting inaccuracies.
Regulatory History
Regulatory actions have been taken against the company for improper debt collection and credit reporting practices.
Industry Context
The debt collection and credit reporting industries are under scrutiny for potential violations of consumer protection laws.
Frequently Asked Questions About Paramount Recovery Systems, L.P.
How many CFPB complaints does Paramount Recovery Systems, L.P. have?
Paramount Recovery Systems, L.P. has 181 complaints on file with the CFPB. The most recent complaint was filed on April 4, 2022.
What is Paramount Recovery Systems, L.P.'s complaint response rate?
Response rate data is not yet available for Paramount Recovery Systems, L.P..
Does Paramount Recovery Systems, L.P. respond to complaints on time?
Timely response data is not yet available for Paramount Recovery Systems, L.P..
Is Paramount Recovery Systems, L.P. safe to do business with?
Paramount Recovery Systems, L.P. - Debt Collection and Credit Reporting Issues Paramount Recovery Systems, L.P. has 181 CFPB complaints. Risk score: 73/100.
What red flags exist for Paramount Recovery Systems, L.P.?
Potential red flags for Paramount Recovery Systems, L.P.: Multiple complaints about incorrect information on credit reports and improper debt collection.. These are based on analysis of CFPB complaint patterns.
What are Paramount Recovery Systems, L.P.'s strengths?
Positive indicators for Paramount Recovery Systems, L.P.: Some consumers reported that the company provided timely responses to their inquiries..
What tips should consumers know about Paramount Recovery Systems, L.P.?
Consumers should verify the accuracy of any information on their credit reports and seek legal advice if necessary.
Are complaints against Paramount Recovery Systems, L.P. increasing or decreasing?
There is a trend of increasing complaints about debt collection practices and credit reporting inaccuracies. Paramount Recovery Systems, L.P. currently has 181 total complaints.
Has Paramount Recovery Systems, L.P. faced regulatory action?
Regulatory actions have been taken against the company for improper debt collection and credit reporting practices.
How does Paramount Recovery Systems, L.P. compare to industry peers?
The debt collection and credit reporting industries are under scrutiny for potential violations of consumer protection laws.
What unique insight can be gained from the complaints about Paramount Recovery Systems, L.P.?
The complaints highlight a pattern of improper debt collection practices and inaccuracies in credit reports, suggesting a systemic issue within the company.
Recent Complaints Against Paramount Recovery Systems, L.P.
| Complaint ID | Product | Issue | Date Received | Company Response | State |
|---|---|---|---|---|---|
| #18039763 | Credit reporting or other personal consumer reports | Incorrect information on your report | 2025-10-20T12:00:00-05:00 | Kansas | |
| #12384938 | Debt collection | Took or threatened to take negative or legal action | 2025-03-07T12:00:00-05:00 | Texas | |
| #12075288 | Credit reporting or other personal consumer reports | Improper use of your report | 2025-02-11T12:00:00-05:00 | Georgia | |
| #11899032 | Debt collection | Took or threatened to take negative or legal action | 2025-02-02T12:00:00-05:00 | Florida | |
| #11415943 | Credit reporting or other personal consumer reports | Credit monitoring or identity theft protection services | 2025-01-01T12:00:00-05:00 | Indiana | |
| #11250317 | Debt collection | False statements or representation | 2024-12-22T12:00:00-05:00 | Florida | |
| #11086256 | Debt collection | Attempts to collect debt not owed | 2024-12-07T12:00:00-05:00 | South Carolina | |
| #11049080 | Debt collection | False statements or representation | 2024-12-05T12:00:00-05:00 | Florida | |
| #10915208 | Credit reporting or other personal consumer reports | Improper use of your report | 2024-11-24T12:00:00-05:00 | Florida | |
| #10892065 | Debt collection | Took or threatened to take negative or legal action | 2024-11-21T12:00:00-05:00 | Texas | |
| #10660586 | Debt collection | Written notification about debt | 2024-11-01T12:00:00-05:00 | Maryland | |
| #10530808 | Credit reporting or other personal consumer reports | Incorrect information on your report | 2024-10-21T12:00:00-05:00 | Florida | |
| #10202536 | Debt collection | Took or threatened to take negative or legal action | 2024-09-21T12:00:00-05:00 | Mississippi | |
| #10155451 | Debt collection | Written notification about debt | 2024-09-16T12:00:00-05:00 | Texas | |
| #10131769 | Credit reporting or other personal consumer reports | Improper use of your report | 2024-09-15T12:00:00-05:00 | Florida | |
| #10107629 | Debt collection | Written notification about debt | 2024-09-12T12:00:00-05:00 | Florida | |
| #10064062 | Debt collection | Written notification about debt | 2024-09-08T12:00:00-05:00 | Florida | |
| #10049080 | Debt collection | Attempts to collect debt not owed | 2024-09-05T12:00:00-05:00 | Indiana | |
| #9805206 | Debt collection | Written notification about debt | 2024-08-14T12:00:00-05:00 | Florida | |
| #9826706 | Debt collection | Attempts to collect debt not owed | 2024-08-11T12:00:00-05:00 | Texas |
Paramount Recovery Systems, L.P. Complaints by State
- Paramount Recovery Systems, L.P. Complaints in Florida -- 64 complaints
- Paramount Recovery Systems, L.P. Complaints in Texas -- 29 complaints
- Paramount Recovery Systems, L.P. Complaints in Georgia -- 19 complaints
- Paramount Recovery Systems, L.P. Complaints in Pennsylvania -- 9 complaints
- Paramount Recovery Systems, L.P. Complaints in Ohio -- 5 complaints
- Paramount Recovery Systems, L.P. Complaints in Tennessee -- 5 complaints
- Paramount Recovery Systems, L.P. Complaints in South Carolina -- 4 complaints
- Paramount Recovery Systems, L.P. Complaints in Alabama -- 4 complaints
- Paramount Recovery Systems, L.P. Complaints in Louisiana -- 4 complaints
- Paramount Recovery Systems, L.P. Complaints in Virginia -- 4 complaints
- Paramount Recovery Systems, L.P. Complaints in Indiana -- 3 complaints
- Paramount Recovery Systems, L.P. Complaints in Mississippi -- 3 complaints
- Paramount Recovery Systems, L.P. Complaints in Illinois -- 3 complaints
- Paramount Recovery Systems, L.P. Complaints in California -- 3 complaints
- Paramount Recovery Systems, L.P. Complaints in Maryland -- 2 complaints
Paramount Recovery Systems, L.P. Complaints by Product
- Paramount Recovery Systems, L.P. Debt collection Complaints -- 139 complaints | All Debt collection Complaints
- Paramount Recovery Systems, L.P. Credit reporting, credit repair services, or other personal consumer reports Complaints -- 32 complaints | All Credit reporting, credit repair services, or other personal consumer reports Complaints
- Paramount Recovery Systems, L.P. Credit reporting or other personal consumer reports Complaints -- 14 complaints | All Credit reporting or other personal consumer reports Complaints
Paramount Recovery Systems, L.P. Complaints by Issue
- Paramount Recovery Systems, L.P. -- Attempts to collect debt not owed -- 88 complaints | All Attempts to collect debt not owed Complaints
- Paramount Recovery Systems, L.P. -- Written notification about debt -- 26 complaints | All Written notification about debt Complaints
- Paramount Recovery Systems, L.P. -- Incorrect information on your report -- 24 complaints | All Incorrect information on your report Complaints
- Paramount Recovery Systems, L.P. -- Improper use of your report -- 12 complaints | All Improper use of your report Complaints
- Paramount Recovery Systems, L.P. -- Took or threatened to take negative or legal action -- 10 complaints | All Took or threatened to take negative or legal action Complaints
- Paramount Recovery Systems, L.P. -- False statements or representation -- 8 complaints | All False statements or representation Complaints
- Paramount Recovery Systems, L.P. -- Problem with a credit reporting company's investigation into an existing problem -- 7 complaints | All Problem with a credit reporting company's investigation into an existing problem Complaints
- Paramount Recovery Systems, L.P. -- Communication tactics -- 5 complaints | All Communication tactics Complaints
- Paramount Recovery Systems, L.P. -- Credit monitoring or identity theft protection services -- 1 complaints | All Credit monitoring or identity theft protection services Complaints
- Paramount Recovery Systems, L.P. -- Problem with a company's investigation into an existing problem -- 1 complaints | All Problem with a company's investigation into an existing problem Complaints
Disclaimer
This analysis is based on CFPB complaint data and AI interpretation.
About This Report
This consumer complaint report for Paramount Recovery Systems, L.P. is generated by ReadTheComplaint using AI analysis of data from the CFPB.