What is the most common complaint against Nicholas Financial Inc.?

The most common issue consumers report about Nicholas Financial Inc. is "Attempts to collect debt not owed", specifically "Debt was result of identity theft". This is based on 49 complaints filed with the CFPB.

Are complaints against Nicholas Financial Inc. increasing or decreasing?

Complaints against Nicholas Financial Inc. are falling. The company received 0 complaints in the last 12 months, showing improvement over prior periods.

What is Nicholas Financial Inc.'s reputation grade?

Nicholas Financial Inc. has a reputation grade of C (score: 58.9/100), PlainCollector's composite letter grade blending complaint volume, response timeliness, dispute rate, and complaint trend.

Does Nicholas Financial Inc. respond to consumer complaints?

Nicholas Financial Inc. has a 100% timely response rate to CFPB complaints. Consumers disputed the company's response in 25% of cases.

In how many states does Nicholas Financial Inc. operate?

Nicholas Financial Inc. has received CFPB complaints from consumers in 14 states, with the most complaints from Florida (11 complaints).

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

Nicholas Financial Inc. - Debt Collector Complaint Profile

CFPB complaint profile across 14 states, reputation grade C.

Compiled by PlainCollector

Attempts to collect debt not owed

24
Written notification about debt

7
False statements or representation

5
Communication tactics

5
Cont'd attempts collect debt not owed

3
Took or threatened to take negative or legal action

2

Data updated September 2026

CFPB complaint disposition

CCDB record nicholas-financial-inc Nicholas Financial Inc.

Grade C · 49 CFPB filings · 100% timely · lead issue: Attempts to collect debt not owed · vol #1209 · compose #2547

VOL 49
GRADE C
12MO 0
STATES 14
TIMELY 100%
DISPUTE 25%
ISSUE Attempts to collect debt n…
RANK #1,209
COMPOSE #2,547

Volume peers

Nearest volume peer: Account Recovery Specialists, Inc. (49 complaints)

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

Nicholas Financial Inc.'s 49 CFPB complaints sit next to Account Recovery Specialists, Inc. 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 →

Steady monthly series

Florida is the plurality state for Nicholas Financial Inc. (22.4%)

Volume rank #1,209 and composite rank #2,547 diverge by 1,338 places on PlainCollector's CFPB-derived corpus maps. Corpus placement method.

Plurality state: Florida 22.4%; Mid-band (15–30%) · 14 states with ≥1 filing
Even monthly load: Peak under 8%; Highest month 2016-05 at 7.1% (2 filings)
Divergent corpus ranks: #1,209 volume; #2,547 composite; Cleanest-composite ladder is 1,338 places worse than volume

How does Nicholas Financial Inc. compare to its peers?

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

Nicholas Financial Inc… National average

Complaints (last 12 mo)lower is better

268

Timely-response ratehigher is better

100%

98%

91%

Consumer-dispute ratelower is better

25%

19%

Source: CFPB Consumer Complaint Database.

Complaint Trend (24 months)

2016-01 2026-02

Issue Detail Breakdown

Issue	Complaints
Attempts to collect debt not owed	24
Written notification about debt	7
False statements or representation	5
Communication tactics	5
Cont'd attempts collect debt not owed	3
Took or threatened to take negative or legal action	2
Improper contact or sharing of info	2
Threatened to contact someone or share information improperly	1

Where do complaints against Nicholas Financial Inc. come from?

Nicholas Financial Inc.'s own per-state count, not a national baseline.

Florida

11
Ohio

11
Georgia

4
South Carolina

4
Maryland

3
North Carolina

3
Illinois

2
Kentucky

2

Compare beyond geography

Nationwide peers by volume & timely response

Two PlainCollector-derived comparison paths for Nicholas Financial Inc.: 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: 49.

4 peers

Know your rights before responding to Nicholas Financial Inc.: 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.