What is the most common complaint against Summit Financial Corp.?

The most common issue consumers report about Summit Financial Corp. is "Attempts to collect debt not owed", specifically "Attempted to collect wrong amount". This is based on 22 complaints filed with the CFPB.

Are complaints against Summit Financial Corp. increasing or decreasing?

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

What is Summit Financial Corp.'s reputation grade?

Summit Financial Corp. has a reputation grade of F (score: 48.5/100), PlainCollector's composite letter grade blending complaint volume, response timeliness, dispute rate, and complaint trend.

Does Summit Financial Corp. respond to consumer complaints?

Summit Financial Corp. has a 41% timely response rate to CFPB complaints. Consumers disputed the company's response in 0% of cases.

In how many states does Summit Financial Corp. operate?

Summit Financial Corp. has received CFPB complaints from consumers in 6 states, with the most complaints from Florida (13 complaints).

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

Summit Financial Corp. - Debt Collector Complaint Profile

CFPB complaint profile across 6 states, reputation grade F.

Compiled by PlainCollector

Attempts to collect debt not owed

9
False statements or representation

4
Written notification about debt

2
Communication tactics

2
Improper contact or sharing of info

2
Took or threatened to take negative or legal action

1

Data updated September 2026

CFPB complaint disposition

CCDB record summit-financial-corp Summit Financial Corp.

Grade F · 22 CFPB filings · 41% timely · lead issue: Attempts to collect debt not owed · vol #1822 · compose #4276

VOL 22
GRADE F
12MO 0
STATES 6
TIMELY 41%
DISPUTE 0%
ISSUE Attempts to collect debt n…
RANK #1,822
COMPOSE #4,276

Volume peers

Nearest volume peer: Abrahamsen Ratchford, P.C (22 complaints)

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

Summit Financial Corp.'s 22 CFPB complaints sit next to Abrahamsen Ratchford, P.C 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

59.1% of Summit Financial Corp.'s CFPB filings land in Florida

High volume does not equal a clean composite: Summit Financial Corp. is volume #1,822 but composite #4,276, while Florida dominates the geography. Corpus placement method.

Dominant state: Florida 59.1%; 13 of 22 filings · 6 states touched
Spike month: 2025-04 15.0%; 6 filings that month · spiky (≥15% of series)
Divergent corpus ranks: #1,822 volume; #4,276 composite; Cleanest-composite ladder is 2,454 places worse than volume

How does Summit Financial Corp. compare to its peers?

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

Summit Financial Corp. National average

Complaints (last 12 mo)lower is better

268

Timely-response ratehigher is better

41%

100%

91%

Consumer-dispute ratelower is better

19%

Source: CFPB Consumer Complaint Database.

Complaint Trend (24 months)

2023-01 2026-02

Issue Detail Breakdown

Issue	Complaints
Attempts to collect debt not owed	9
False statements or representation	4
Written notification about debt	2
Communication tactics	2
Improper contact or sharing of info	2
Took or threatened to take negative or legal action	1
Threatened to contact someone or share information improperly	1
Taking/threatening an illegal action	1

Where do complaints against Summit Financial Corp. come from?

Summit Financial Corp.'s own per-state count, not a national baseline.

Florida

13
Georgia

3
Nevada

2
Alabama

1
Missouri

1
New York

1

Compare beyond geography

Nationwide peers by volume & timely response

Two PlainCollector-derived comparison paths for Summit Financial Corp.: 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: 22.

4 peers

Know your rights before responding to Summit Financial Corp.: 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.