Debt collection -- False statements or representation -- Complaint #20806645
Security Credit Services Accused of False Statements and Incorrect Debt Collection
Complaint Overview
Complaint ID: 20806645
Company: Security Credit Services, LLC
Product: Debt collection
Sub-Product: I do not know
Issue: False statements or representation
Sub-Issue: Attempted to collect wrong amount
State: Maryland
ZIP Code: 20772
Date Received: 2026-03-31T12:00:00-05:00
Date Sent to Company: 2026-03-31T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Risk Assessment
Risk Level: medium
The company may face regulatory scrutiny and potential penalties if the allegations of false statements and attempting to collect an incorrect amount are substantiated.
Consumer Sentiment: negative
Topics: Debt collection, False statements, Incorrect amount
AI Analysis
CFPB complaint 20806645 was filed against Security Credit Services, LLC regarding Debt collection (I do not know), specifically about "False statements or representation". A consumer filed a complaint against Security Credit Services, LLC for allegedly making false statements and attempting to collect the wrong debt amount. The complaint was received on March 31, 2026 from Maryland. The company responded with "Closed with explanation".
What You Should Do -- Consumer Action Plan
Consumers should carefully review all debt collection communications and dispute any inaccuracies in the amount owed or representations made by the collector.
Legal Context & Consumer Protection Laws
Debt collection practices are governed by the Fair Debt Collection Practices Act (FDCPA), which prohibits deceptive or misleading practices.
Regulatory Insight
Regulators will likely examine whether Security Credit Services' actions violated the FDCPA's prohibitions against false representations and unfair practices.
Resolution Likelihood
mixed
State-Specific Consumer Protections
Maryland law may also provide additional protections for consumers against unfair or deceptive debt collection practices.
Industry Comparison
This complaint is typical of issues seen across the debt collection industry, where disputes over amounts owed and communication practices are common.
Related Issues
Frequently Asked Questions
What is CFPB complaint 20806645 about?
CFPB complaint 20806645 involves Debt collection (I do not know). The consumer reported an issue with "False statements or representation", specifically "Attempted to collect wrong amount". This complaint was filed against Security Credit Services, LLC on March 31, 2026.
Which company is complaint 20806645 filed against?
Complaint 20806645 was filed against Security Credit Services, LLC. You can view all complaints against this company on their profile page at /company/security-credit-services-llc.
What was the company's response to complaint 20806645?
Security Credit Services, LLC responded with "Closed with explanation". The response was marked as timely by the CFPB.
When was complaint 20806645 filed?
Complaint 20806645 was received by the CFPB on March 31, 2026. It was sent to Security Credit Services, LLC on March 31, 2026.
What state was complaint 20806645 filed from?
Complaint 20806645 was filed from Maryland. You can view all complaints from this state at /state/MD.
Was the consumer satisfied with the resolution of complaint 20806645?
Dispute information is not available for complaint 20806645.
What product category is complaint 20806645 about?
Complaint 20806645 is categorized under "Debt collection", specifically "I do not know". This is one of the product categories tracked by the CFPB.
How was complaint 20806645 submitted?
Complaint 20806645 was submitted via Web. The CFPB accepts complaints through web, phone, mail, email, fax, and referral channels.
What are the consumer's legal options for complaint 20806645?
Debt collection practices are governed by the Fair Debt Collection Practices Act (FDCPA), which prohibits deceptive or misleading practices. This relates to a Debt collection complaint against Security Credit Services, LLC involving "False statements or representation".
How likely is complaint 20806645 to be resolved?
Resolution likelihood: mixed. The company's current response is "Closed with explanation". The company did respond in a timely manner, which is a positive indicator.
What does the risk level mean for complaint 20806645?
This complaint is rated as medium risk. The company may face regulatory scrutiny and potential penalties if the allegations of false statements and attempting to collect an incorrect amount are substantiated.
What regulatory actions apply to complaint 20806645?
Regulators will likely examine whether Security Credit Services' actions violated the FDCPA's prohibitions against false representations and unfair practices. The CFPB tracks complaints like this one to identify patterns of misconduct across the Debt collection industry.
What should the consumer do about complaint 20806645?
Consumers should carefully review all debt collection communications and dispute any inaccuracies in the amount owed or representations made by the collector.
Are there state-specific protections for complaint 20806645?
Maryland law may also provide additional protections for consumers against unfair or deceptive debt collection practices. This complaint was filed from Maryland.
How does complaint 20806645 compare to industry norms?
This complaint is typical of issues seen across the debt collection industry, where disputes over amounts owed and communication practices are common.
What specific false statements were allegedly made by Security Credit Services?
The complaint does not specify the exact false statements, but they likely involved misrepresentations about the debt, the amount owed, or the collector's authority.
What recourse does the consumer have if the debt amount was indeed incorrect?
The consumer can dispute the debt with the collector and potentially file a complaint with regulatory bodies like the CFPB or the Maryland Attorney General's office.
Disclaimer
This analysis is AI-generated and does not constitute legal advice.