Debt Recovery Solutions BankRank.org
|Number of Complaints||625 (0 In Progress)|
|Complaints per $100K of Deposits||—|
|Complaints Resolved in a Timely Manner||100.0%|
|Resolutions Disputed by Customer||1.5%|
|Complaints Resolved in Customer's Favor||100.0%|
|FDIC Certificate #||—|
|Number of Branches||— (— International)|
|Total Equity Held||—|
|Quarterly Net Income||—|
Contact InformationNot Available
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Debt Recovery Solutions, LLC is ranked 17th out of 3,688 banks. That puts Debt Recovery Solutions in the top 96th percentile and gives them an overall grade of "A". This ranking is based upon customer complaints to the Consumer Finance Protection Bureau (CFPB) and public data about FDIC insured financial institutions. There are 625 complaints against Debt Recovery Solutions and 1,058,614 complaints total.
Of the 625 complaints again Debt Recovery Solutions, there have been 214 in the passed 18 months. Of those 214 complaints, 100.0% have been resolved in the customers favor, 1.5% have been disputed by the customer, and 100.0% have been resolved in a timely manner. The CFPB allows 60 days to resolve complaints before considering them "untimely".
The statistics and figures above are averaged and ranked. We then compute teach bank's overall percentile based upon these scores. Learn more details about our ranking methodology.
Break-down by Financial Product
Grades are also broken down by financial products offered by each institution. Debt Recovery Solutions, LLC is graded in 1 category of financial products they offer. The top 3 categories are Debt Collection, Credit Reporting and Payday Loan.
Debt Recovery Solutions, LLC is rated "A-" in Debt Collection.
Click here to see Complete Debt Recovery Solutions Report Card »
Below is the list of the top 10 complaint reasons against Debt Recovery Solutions, LLC. Click here to see all complaints against Debt Recovery Solutions.
|1||Debt collection||Medical debt||Attempts to collect debt not owed||43|
|2||Debt collection||Other debt||Attempts to collect debt not owed||32|
|3||Credit reporting||Credit reporting||Incorrect information on your report||27|
|4||Debt collection||Other debt||Written notification about debt||21|
|5||Debt collection||Medical debt||Written notification about debt||18|
|6||Debt collection||I do not know||Attempts to collect debt not owed||15|
|7||Debt collection||I do not know||Written notification about debt||13|
|8||Debt collection||Medical debt||False statements or representation||8|
|9||Credit reporting||Credit reporting||Problem with a credit reporting company's investigation into an existing problem||7|
|10||Debt collection||Medical debt||Took or threatened to take negative or legal action||7|