What is the most common complaint against Monterey Financial Services LLC?

The most common issue consumers report about Monterey Financial Services LLC is "Attempts to collect debt not owed", specifically "Debt is not yours". This is based on 1,629 complaints filed with the CFPB.

Are complaints against Monterey Financial Services LLC increasing or decreasing?

Complaints against Monterey Financial Services LLC are rising. The company received 495 complaints in the last 12 months, indicating an upward trend in consumer issues.

What is Monterey Financial Services LLC's reputation grade?

Monterey Financial Services LLC has a reputation grade of D (score: 52.3/100), PlainCollector's composite letter grade blending complaint volume, response timeliness, dispute rate, and complaint trend.

Does Monterey Financial Services LLC respond to consumer complaints?

Monterey Financial Services LLC has a 100% timely response rate to CFPB complaints. Consumers disputed the company's response in 26% of cases.

In how many states does Monterey Financial Services LLC operate?

Monterey Financial Services LLC has received CFPB complaints from consumers in 52 states, with the most complaints from California (253 complaints).

This data comes from the CFPB Consumer Complaint Database and reflects consumer complaints, not proven violations.

Monterey Financial Services LLC - Debt Collector Complaint Profile

CFPB complaint profile across 52 states, reputation grade D.

Compiled by PlainCollector

Attempts to collect debt not owed

680
Written notification about debt

246
Took or threatened to take negative or legal action

221
False statements or representation

206
Communication tactics

117
Cont'd attempts collect debt not owed

79

Data updated September 2026

CFPB complaint disposition

CCDB record monterey-financial-services-llc Monterey Financial Services LLC

Grade D · 1,629 CFPB filings · 100% timely · lead issue: Attempts to collect debt not owed · vol #113 · compose #3838

VOL 1,629
GRADE D
12MO 495
STATES 52
TIMELY 100%
DISPUTE 26%
ISSUE Attempts to collect debt n…
RANK #113
COMPOSE #3,838

Volume peers

Nearest volume peer: Receivables Management Partners, LLC (1,621 complaints)

CFPB complaint volume neighbourhood (this collector + nearest volume peers)

Monterey Financial Services LLC's 1,629 CFPB complaints sit next to Receivables Management Partners, LLC on the volume neighbourhood; peer NAMES stay, and disposition VALUES are this collector's. Grades compare collectors to each other - a complaint is a filing, not a proven violation. How to read a complaint count →

Filing geometry

California is the plurality state for Monterey Financial Services LLC (15.5%)

Volume rank #113 and composite rank #3,838 diverge by 3,725 places on PlainCollector's CFPB-derived corpus maps. Corpus placement method.

Plurality state: California 15.5%; Mid-band (15–30%) · 52 states with ≥1 filing
Seasonal peak: 2025-08 8.6%; 8–15% band · 17 filings
Divergent corpus ranks: #113 volume; #3,838 composite; Cleanest-composite ladder is 3,725 places worse than volume

How does Monterey Financial Services LLC compare to its peers?

How does Monterey Financial Services LLC compare? Versus a similar-volume peer and the national average (collectors with ≥50 total complaints), drawn from 10 collectors with a comparable complaint count

Monterey Financial Ser… National average

Complaints (last 12 mo)lower is better

495

145

268

Timely-response ratehigher is better

100%

94%

91%

Consumer-dispute ratelower is better

26%

24%

19%

Source: CFPB Consumer Complaint Database.

Complaint Trend (24 months)

2024-04 2026-03

Issue Detail Breakdown

Issue	Complaints
Attempts to collect debt not owed	680
Written notification about debt	246
Took or threatened to take negative or legal action	221
False statements or representation	206
Communication tactics	117
Cont'd attempts collect debt not owed	79
Disclosure verification of debt	52
Threatened to contact someone or share information improperly	14
Improper contact or sharing of info	6
Electronic communications	5

Where do complaints against Monterey Financial Services LLC come from?

Monterey Financial Services LLC's own per-state count, not a national baseline.

California

253
Texas

207
Florida

185
Georgia

126
New York

125
North Carolina

69
Illinois

51
Virginia

44

Compare beyond geography

Nationwide peers by volume & timely response

Two PlainCollector-derived comparison paths for Monterey Financial Services LLC: nearest all-time CFPB complaint volume and nearest CFPB timely-response rate among collectors with at least 100 logged complaints. State breakdowns above stay geographic; these neighborhoods vary by metric.

Similar filing volume

Nearest collectors by total CFPB complaints. This record: 1,629.

4 peers

Similar timely response rate

Nearest collectors by CFPB 15-day timely-response %. This record: 100%.

4 peers

Know your rights before responding to Monterey Financial Services LLC: FDCPA rights guide · debt validation letter · rights library.

Data sourced from the CFPB Consumer Complaint Database. See our methodology for details. Retrieved and formatted by PlainCollector

According to the Consumer Financial Protection Bureau's Consumer Complaint Database, 1,139,236 debt collection complaints are represented in the current PlainCollector snapshot. See our methodology for how PlainCollector computes each company's reputation grade from this data.

Every figure on PlainCollector is rendered directly from federal source data, no number is typed in by an editor. This page draws directly on federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.