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

CFPB complaint data Grade D 1,629 complaints

Monterey Financial Services LLC - Debt Collector Complaint Profile

CFPB complaint profile across 52 states, reputation grade D.

Complaints by issue type

What consumers report about Monterey Financial Services LLC

complaints
Source CFPB Consumer Complaint Database

Data updated July 2026

D

Grade D · 54.4/100 composite

This collector has a poor complaint record with above-average complaints and below-average response rates.

Based on consumer-filed CFPB complaints, not proven violations or a court finding of wrongdoing.

The verdict

A reputation grade of D: Monterey Financial Services LLC ranks ahead of 24% of the 5,283 collectors PlainCollector grades - 76% keep a cleaner CFPB record, on 1,629 all-time complaints and a 100% timely-response rate.

24th pct
reputation rank of 5,283 graded collectors
1,629
CFPB complaints, all-time
100%
answered inside the CFPB window
495
in the last 12 months (rising)

Grades are relative: every collector is ranked against the others, so an A reflects a cleaner record than peers, not a clean bill of conduct. A complaint is a consumer filing, not a proven violation.

What do CFPB complaints reveal about Monterey Financial Services LLC?

Monterey Financial Services LLC has accumulated 1,629 total CFPB complaints across 52 states, with 495 filed in the most recent 12 months against 1,134 historical complaints before that window. The trailing-12-month volume represents 30.4% of the full complaint history, a rising pattern that suggests escalating consumer friction rather than a legacy book of disputes.

The dominant consumer grievance logged with the CFPB is "Attempts to collect debt not owed", narrowing to "Debt is not yours". The company posts a 100% timely-response rate against a 26% consumer-dispute-after-response rate.

Complaints have been recorded across 52 states, led by California with 253 and Texas with 207. Normalized against the full CFPB collector database, the reputation score of 54.4/100 places Monterey Financial Services LLC in grade band D.

How to read a complaint count →

Complaint Summary

Total CFPB complaints

1,629

high-volume (CCDB)

Last 12 months

495

30.4% of all-time complaints

Rising ↑

States active

52

nationwide footprint

Timely response rate

100%

excellent band

Consumer disputes

26%

elevated (vertical avg ~19%)

Reputation grade

D

54.4/100 composite

How does Monterey Financial Services LLC's reputation rank nationally?

Reputation score vs. every graded collector

PlainCollector composite reputation score (0–100, higher = cleaner CFPB record)

54 Bottom 24% higher than 24% of 5,283 graded collectors

0–10: 0 graded collectors (0%). Below this entry. 10–20: 3 graded collectors (0%). Below this entry. 20–30: 29 graded collectors (1%). Below this entry. 30–40: 160 graded collectors (3%). Below this entry. 40–50: 583 graded collectors (11%). Below this entry. 50–60: 1,469 graded collectors (28%). This entry sits in this band. 60–70: 1,364 graded collectors (26%). Above this entry. 70–80: 871 graded collectors (16%). Above this entry. 80–90: 660 graded collectors (12%). Above this entry. 90–100: 144 graded collectors (3%). Above this entry. This collector 0 100 every graded collector, bucketed by value

Each bar is a band; taller bars hold more graded collectors. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source PlainCollector composite of CFPB Consumer Complaint Database · 2013–2026

Response-quality profile

Monterey Financial Services LLC versus the debt-collection vertical average.

Timely response within SLA 100.0%
Vertical avg

CFPB requires companies to respond within 15 days for most complaints; 60 days for credit-reporting.

Consumer dispute rate (post-response) 25.5%
Vertical avg

Lower is better. The percentage of consumers who flagged the company's response as unsatisfactory.

State coverage breadth 92.9%

Share of US states + territories with at least one filed complaint against this collector.

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, 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 Sub-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.

Top states by complaints against Monterey Financial Services LLC

Across 52 states with at least one filing

complaints
Source CFPB Consumer Complaint Database

What to do if Monterey Financial Services LLC contacts you

A grade of D signals how Monterey Financial Services LLC's CFPB record compares to peers, here is how to act on it.

  • Demand written debt validation within 30 days of first contact, collectors must prove the debt is yours. Validation letter
  • Confirm the caller is really Monterey Financial Services LLC and not an impostor before paying anything. Verify a collector
  • Know your FDCPA rights, you can stop calls and report harassment. Your rights
  • See how Monterey Financial Services LLC ranks against every other collector by complaint record. Browse rankings

Complaint counts and grades reflect the public CFPB record, not a regulator's finding of wrongdoing or legal advice. For your specific situation, consult a licensed attorney.

Frequently Asked Questions

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: 54.4/100), 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).

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

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.