What is the most common complaint against Praxis Financial Solutions, Incorporated?

The most common issue consumers report about Praxis Financial Solutions, Incorporated is "Cont'd attempts collect debt not owed", specifically "Debt is not mine". This is based on 46 complaints filed with the CFPB.

Are complaints against Praxis Financial Solutions, Incorporated increasing or decreasing?

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

What is Praxis Financial Solutions, Incorporated's reputation grade?

Praxis Financial Solutions, Incorporated has a reputation grade of C (score: 60.7/100), PlainCollector's composite letter grade blending complaint volume, response timeliness, dispute rate, and complaint trend.

Does Praxis Financial Solutions, Incorporated respond to consumer complaints?

Praxis Financial Solutions, Incorporated has a 91% timely response rate to CFPB complaints. Consumers disputed the company's response in 7% of cases.

In how many states does Praxis Financial Solutions, Incorporated operate?

Praxis Financial Solutions, Incorporated has received CFPB complaints from consumers in 23 states, with the most complaints from Texas (6 complaints).

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

Praxis Financial Solutions, Incorporated - Debt Collector Complaint Profile

CFPB complaint profile across 23 states, reputation grade C.

Compiled by PlainCollector

Cont'd attempts collect debt not owed

15
Communication tactics

13
False statements or representation

5
Disclosure verification of debt

5
Improper contact or sharing of info

4
Taking/threatening an illegal action

2

Data updated September 2026

CFPB complaint disposition

CCDB record praxis-financial-solutions-incorporated Praxis Financial Solutions, Incorporated

Grade C · 46 CFPB filings · 91% timely · lead issue: Cont'd attempts collect debt not owed · vol #1253 · compose #2273

VOL 46
GRADE C
12MO 0
STATES 23
TIMELY 91%
DISPUTE 7%
ISSUE Cont'd attempts collect de…
RANK #1,253
COMPOSE #2,273

Volume peers

Nearest volume peer: Armstrong and Associates, Inc (46 complaints)

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

Praxis Financial Solutions, Incorporated's 46 CFPB complaints sit next to Armstrong and Associates, 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 →

Distributed filing map

Praxis Financial Solutions, Incorporated spreads filings across 23 states - Texas leads at only 13.0%

Despite a broad state map, Praxis Financial Solutions, Incorporated still sits volume #1,253 against composite #2,273 - the two RankMaps diverge by 1,020 places. Corpus placement method.

Most-even geography: Lead state under 15%; Texas still leads at 13.0% across 23 states
Spike month: 2016-07 20.0%; 1 filings that month · spiky (≥15% of series)
Divergent corpus ranks: #1,253 volume; #2,273 composite; Cleanest-composite ladder is 1,020 places worse than volume

How does Praxis Financial Solutions, Incorporated compare to its peers?

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

Praxis Financial Solut… National average

Complaints (last 12 mo)lower is better

268

Timely-response ratehigher is better

91%

80%

91%

Consumer-dispute ratelower is better

19%

Source: CFPB Consumer Complaint Database.

Complaint Trend (24 months)

2016-07 2025-09

Issue Detail Breakdown

Issue	Complaints
Cont'd attempts collect debt not owed	15
Communication tactics	13
False statements or representation	5
Disclosure verification of debt	5
Improper contact or sharing of info	4
Taking/threatening an illegal action	2
Attempts to collect debt not owed	1
Took or threatened to take negative or legal action	1

Where do complaints against Praxis Financial Solutions, Incorporated come from?

Praxis Financial Solutions, Incorporated's own per-state count, not a national baseline.

Texas

6
California

4
Florida

4
Illinois

3
New York

3
Pennsylvania

3
Iowa

2
New Jersey

2

Compare beyond geography

Nationwide peers by volume & timely response

Two PlainCollector-derived comparison paths for Praxis Financial Solutions, Incorporated: 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: 46.

4 peers

Know your rights before responding to Praxis Financial Solutions, Incorporated: 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.