What is the most common complaint against Security Credit Systems Inc?

The most common issue consumers report about Security Credit Systems Inc is "Attempts to collect debt not owed", specifically "Debt is not yours". This is based on 182 complaints filed with the CFPB.

Are complaints against Security Credit Systems Inc increasing or decreasing?

Complaints against Security Credit Systems Inc are falling. The company received 27 complaints in the last 12 months, showing improvement over prior periods.

What is Security Credit Systems Inc's reputation grade?

Security Credit Systems Inc has a reputation grade of D (score: 52.5/100), PlainCollector's composite letter grade blending complaint volume, response timeliness, dispute rate, and complaint trend.

Does Security Credit Systems Inc respond to consumer complaints?

Security Credit Systems Inc has a 99% timely response rate to CFPB complaints. Consumers disputed the company's response in 32% of cases.

In how many states does Security Credit Systems Inc operate?

Security Credit Systems Inc has received CFPB complaints from consumers in 27 states, with the most complaints from New York (65 complaints).

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

Security Credit Systems Inc - Debt Collector Complaint Profile

CFPB complaint profile across 27 states, reputation grade D.

Compiled by PlainCollector

Attempts to collect debt not owed

64
Communication tactics

29
Written notification about debt

23
False statements or representation

22
Took or threatened to take negative or legal action

14
Cont'd attempts collect debt not owed

12

Data updated September 2026

CFPB complaint disposition

CCDB record security-credit-systems-inc Security Credit Systems Inc

Grade D · 182 CFPB filings · 99% timely · lead issue: Attempts to collect debt not owed · vol #588 · compose #3810

VOL 182
GRADE D
12MO 27
STATES 27
TIMELY 99%
DISPUTE 32%
ISSUE Attempts to collect debt n…
RANK #588
COMPOSE #3,810

Volume peers

Nearest volume peer: Absolute Recovery Services, LLC (182 complaints)

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

Security Credit Systems Inc's 182 CFPB complaints sit next to Absolute Recovery Services, 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 →

State-heavy filing map

35.7% of Security Credit Systems Inc's CFPB filings land in New York

High volume does not equal a clean composite: Security Credit Systems Inc is volume #588 but composite #3,810, while New York dominates the geography. Corpus placement method.

Dominant state: New York 35.7%; 65 of 182 filings · 27 states touched
Even monthly load: Peak under 8%; Highest month 2026-01 at 7.6% (29 filings)
Divergent corpus ranks: #588 volume; #3,810 composite; Cleanest-composite ladder is 3,222 places worse than volume

How does Security Credit Systems Inc compare to its peers?

How does SECURITY CREDIT SYSTEMS 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

SECURITY CREDIT SYSTEM… National average

Complaints (last 12 mo)lower is better

268

Timely-response ratehigher is better

99%

91%

Consumer-dispute ratelower is better

32%

33%

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	64
Communication tactics	29
Written notification about debt	23
False statements or representation	22
Took or threatened to take negative or legal action	14
Cont'd attempts collect debt not owed	12
Threatened to contact someone or share information improperly	11
Improper contact or sharing of info	5
Disclosure verification of debt	2

Where do complaints against Security Credit Systems Inc come from?

Security Credit Systems Inc's own per-state count, not a national baseline.

New York

65
New Jersey

17
Florida

12
Texas

11
California

8
Illinois

8
Pennsylvania

8
Georgia

7

Compare beyond geography

Nationwide peers by volume & timely response

Two PlainCollector-derived comparison paths for Security Credit Systems 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: 182.

4 peers

Similar timely response rate

Nearest collectors by CFPB 15-day timely-response %. This record: 99.43181818181817%.

4 peers

Know your rights before responding to Security Credit Systems 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.