What is the most common complaint against Squaretwo Financial Corporation?

The most common issue consumers report about Squaretwo Financial Corporation is "Cont'd attempts collect debt not owed", specifically "Debt is not mine". This is based on 445 complaints filed with the CFPB.

Are complaints against Squaretwo Financial Corporation increasing or decreasing?

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

What is Squaretwo Financial Corporation's reputation grade?

Squaretwo Financial Corporation has a reputation grade of D (score: 52.9/100), PlainCollector's composite letter grade blending complaint volume, response timeliness, dispute rate, and complaint trend.

Does Squaretwo Financial Corporation respond to consumer complaints?

Squaretwo Financial Corporation has a 98% timely response rate to CFPB complaints. Consumers disputed the company's response in 22% of cases.

In how many states does Squaretwo Financial Corporation operate?

Squaretwo Financial Corporation has received CFPB complaints from consumers in 46 states, with the most complaints from California (63 complaints).

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

Squaretwo Financial Corporation - Debt Collector Complaint Profile

CFPB complaint profile across 46 states, reputation grade D.

Compiled by PlainCollector

Cont'd attempts collect debt not owed

172
Disclosure verification of debt

118
Taking/threatening an illegal action

47
False statements or representation

36
Communication tactics

30
Improper contact or sharing of info

27

Data updated September 2026

CFPB complaint disposition

CCDB record squaretwo-financial-corporation Squaretwo Financial Corporation

Grade D · 445 CFPB filings · 98% timely · lead issue: Cont'd attempts collect debt not owed · vol #303 · compose #3746

VOL 445
GRADE D
12MO 0
STATES 46
TIMELY 98%
DISPUTE 22%
ISSUE Cont'd attempts collect de…
RANK #303
COMPOSE #3,746

Volume peers

Nearest volume peer: Patient Accounting Service Center (448 complaints)

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

Squaretwo Financial Corporation's 445 CFPB complaints sit next to Patient Accounting Service Center 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

Squaretwo Financial Corporation spreads filings across 46 states - California leads at only 14.2%

Despite a broad state map, Squaretwo Financial Corporation still sits volume #303 against composite #3,746 - the two RankMaps diverge by 3,443 places. Corpus placement method.

Most-even geography: Lead state under 15%; California still leads at 14.2% across 46 states
Even monthly load: Peak under 8%; Highest month 2026-02 at 7.9% (82 filings)
Divergent corpus ranks: #303 volume; #3,746 composite; Cleanest-composite ladder is 3,443 places worse than volume

How does Squaretwo Financial Corporation compare to its peers?

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

SQUARETWO FINANCIAL CO… National average

Complaints (last 12 mo)lower is better

268

Timely-response ratehigher is better

98%

90%

91%

Consumer-dispute ratelower is better

22%

17%

19%

Source: CFPB Consumer Complaint Database.

Complaint Trend (24 months)

2024-04 2026-03

Issue Detail Breakdown

Issue	Complaints
Cont'd attempts collect debt not owed	172
Disclosure verification of debt	118
Taking/threatening an illegal action	47
False statements or representation	36
Communication tactics	30
Improper contact or sharing of info	27
Attempts to collect debt not owed	7
Written notification about debt	5
Took or threatened to take negative or legal action	2
Threatened to contact someone or share information improperly	1

Where do complaints against Squaretwo Financial Corporation come from?

Squaretwo Financial Corporation's own per-state count, not a national baseline.

California

63
Florida

44
New York

43
Texas

35
Georgia

24
New Jersey

20
Pennsylvania

17
Illinois

16

Compare beyond geography

Nationwide peers by volume & timely response

Two PlainCollector-derived comparison paths for Squaretwo Financial Corporation: 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: 445.

4 peers

Similar timely response rate

Nearest collectors by CFPB 15-day timely-response %. This record: 98.20224719101124%.

4 peers

Know your rights before responding to Squaretwo Financial Corporation: 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.