Total CFPB complaints
206
All-time across CCDB intake
This data comes from the CFPB Consumer Complaint Database and reflects consumer complaints, not proven violations.
2026 CFPB data Public-data reference. FDCPA reference 206 complaints
Financial Asset Management Systems Inc — Debt Collector Complaint Profile
CFPB complaint profile across 37 states. Updated as new federal complaint data lands in the upstream Consumer Complaint Database.
Complaints by issue type
What consumers report about Financial Asset Management Systems Inc
- Communication tactics
Communication tactics
47 complaints
- Attempts to collect debt not owed
Attempts to collect debt not owed
36 complaints
- False statements or representation
False statements or representation
21 complaints
- Cont'd attempts collect debt not owed 16
Cont'd attempts collect debt not owed
16 complaints
- Written notification about debt 11
Written notification about debt
11 complaints
- Disclosure verification of debt 10
Disclosure verification of debt
10 complaints
C
Grade C · 59.6/100 composite
This collector has an average complaint record with moderate complaint volumes and typical response rates.
What do CFPB complaints reveal about Financial Asset Management Systems Inc?
Financial Asset Management Systems Inc has accumulated 206 total CFPB complaints across 37 states, with 6 filed in the most recent 12 months against 200 historical complaints before that window. The trailing-12-month volume represents 2.9% of the full complaint history, a falling pattern that implies either tighter collection practices, portfolio sell-offs, or improved dispute handling.
The dominant consumer grievance logged with the CFPB is "Communication tactics", narrowing to "Frequent or repeated calls", which aligns with FDCPA-regulated conduct and signals the operational area most likely to trigger regulator scrutiny. The company posts a 100% timely-response rate against a 16% consumer-dispute-after-response rate, a pairing that calibrates how well its complaint-resolution workflow holds up once a consumer pushes back.
Complaints have been recorded across 37 states, led by California with 39 and Georgia with 26, which matches a multi-state collection footprint rather than a regional operation. Normalized against the full CFPB collector database, the reputation score of 59.6/100 places Financial Asset Management Systems Inc in grade band C, a tier reached by blending complaint volume, response timeliness, dispute rates, and issue severity into a single comparable metric.
Complaint Summary
Last 12 months
6
2.9% of total history
Falling ↓
States active
37
Distinct state filings
Timely response rate
100%
Within CFPB SLA window
Consumer disputes
16%
After company response
Reputation grade
C
59.6/100 composite
Response-quality profile
How Financial Asset Management Systems Inc performs on CFPB resolution-quality metrics versus a fleet average benchmark drawn from the full debt-collection vertical.
Timely response within SLA 99.5%
Vertical avg
CFPB requires companies to respond within 15 days for most complaints; 60 days for credit-reporting.
Consumer dispute rate (post-response) 31.4%
Vertical avg
Lower is better. The percentage of consumers who flagged the company's response as unsatisfactory.
State coverage breadth 66.1%
Share of US states + territories with at least one filed complaint against this collector.
How does Financial Asset Management Systems Inc compare to its peers?
Financial Asset Manage… National average
Complaints (last 12 mo)lower is better
Timely-response ratehigher is better
Consumer-dispute ratelower is better
Source: CFPB Consumer Complaint Database. Complaints reflect consumer reports, not proven violations.
Complaint Trend (24 months)
2022-05 2026-02
Top Consumer Issues
Communication tactics47 (%)
Attempts to collect debt not owed36 (%)
False statements or representation21 (%)
Cont'd attempts collect debt not owed16 (%)
Written notification about debt11 (%)
Disclosure verification of debt10 (%)
Improper contact or sharing of info10 (%)
Most common issue: Communication tactics — Frequent or repeated calls
Know Your Rights
If this company is contacting you, you have rights under the FDCPA. They must stop contacting you if you send a written cease-communication request. You can also request written validation of the debt within 30 days.
Issue Detail Breakdown
| Issue | Sub-Issue | Complaints |
|---|---|---|
| Communication tactics | Frequent or repeated calls | 32 |
| Attempts to collect debt not owed | Debt is not yours | 21 |
| False statements or representation | Attempted to collect wrong amount | 21 |
| Cont'd attempts collect debt not owed | Debt is not mine | 16 |
| Attempts to collect debt not owed | Debt was paid | 15 |
| Written notification about debt | Didn't receive enough information to verify debt | 11 |
| Disclosure verification of debt | Not given enough info to verify debt | 10 |
| Improper contact or sharing of info | Talked to a third party about my debt | 10 |
| Communication tactics | You told them to stop contacting you, but they keep trying | 9 |
| Communication tactics | Called after sent written cease of comm | 6 |
Where do complaints against Financial Asset Management Systems Inc come from?
The states where consumers have filed the most CFPB complaints against Financial Asset Management Systems Inc. Every figure is the company's own complaint count in that state — not a national baseline.
Top states by complaints against Financial Asset Management Systems Inc
Across 37 states with at least one filing
- California
California
39 complaints
- Georgia
Georgia
26 complaints
- New Jersey
New Jersey
21 complaints
- Florida
Florida
17 complaints
- New York 12
New York
12 complaints
- Texas 9
Texas
9 complaints
- South Carolina 8
South Carolina
8 complaints
- Illinois 7
Illinois
7 complaints
Frequently Asked Questions
What is the most common complaint against Financial Asset Management Systems Inc? ▼
The most common issue consumers report about Financial Asset Management Systems Inc is "Communication tactics", specifically "Frequent or repeated calls". This is based on 206 complaints filed with the CFPB.
Are complaints against Financial Asset Management Systems Inc increasing or decreasing? ▼
Complaints against Financial Asset Management Systems Inc are falling. The company received 6 complaints in the last 12 months, showing improvement over prior periods.
What is Financial Asset Management Systems Inc's reputation grade? ▼
Financial Asset Management Systems Inc has a reputation grade of C (score: 59.6/100). This collector has an average complaint record with moderate complaint volumes and typical response rates.
Does Financial Asset Management Systems Inc respond to consumer complaints? ▼
Financial Asset Management Systems Inc has a 100% timely response rate to CFPB complaints. Consumers disputed the company's response in 16% of cases.
In how many states does Financial Asset Management Systems Inc operate? ▼
Financial Asset Management Systems Inc has received CFPB complaints from consumers in 37 states, with the most complaints from California (39 complaints).
What can I do if Financial Asset Management Systems Inc is contacting me? ▼
Under the Fair Debt Collection Practices Act (FDCPA), you have the right to request written debt validation within 30 days of first contact. You can also send a cease-communication letter to stop calls. If Financial Asset Management Systems Inc violates the FDCPA, you may be able to sue for damages up to $1,000 plus attorney fees.
Consumer Guides
Primary source data
Read our methodology — how this data is sourced, computed, and verified.
Related
Data sourced from the CFPB Consumer Complaint Database. See our methodology for details. Retrieved and formatted by PlainCollector Editorial
| Publisher | Kiznis Studio |
| Sources | the CFPB Consumer Complaint Database |