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Erc — Overview
D Overall
Erc is rated overall in the bottom 23nd percentile based on 5,514 customer complaints.


Number of Complaints5,514 (0 In Progress)
Complaints per $100K of Deposits
Complaints Resolved in a Timely Manner99.7%
Resolutions Disputed by Customer2.2%
Complaints Resolved in Customer's Favor79.0%

Financial Report

FDIC Certificate #
Number of Branches— (— International)
Total Assets
Total Deposits
Total Equity Held
Quarterly Net Income

Contact Information

Not Available

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Erc — Summary

Erc is ranked 327th out of 3,688 banks. That puts Erc in the bottom 22st percentile and gives them an overall grade of "D". This ranking is based upon customer complaints to the Consumer Finance Protection Bureau (CFPB) and public data about FDIC insured financial institutions. There are 5,514 complaints against Erc and 1,058,614 complaints total.

Of the 5,514 complaints again Erc, there have been 836 in the passed 18 months. Of those 836 complaints, 79.0% have been resolved in the customers favor, 2.2% have been disputed by the customer, and 99.7% 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. Erc is graded in 2 categories of financial products they offer. The top 3 categories are Debt Collection, Credit Reporting and Credit Card.

Erc is rated "D-" in Debt Collection; and "F" in Credit Reporting.

Click here to see Complete Erc Report Card »

Most Recent Complaints

Below is the list of the top 10 complaint reasons against Erc. Click here to see all complaints against Erc.

# Product Sub-Product Issue Count
1 Debt collection Other debt Attempts to collect debt not owed 286
2 Debt collection Other debt Written notification about debt 167
3 Credit reporting Credit reporting Incorrect information on your report 80
4 Debt collection I do not know Attempts to collect debt not owed 75
5 Debt collection I do not know Written notification about debt 42
6 Debt collection Other debt False statements or representation 36
7 Debt collection Other debt Took or threatened to take negative or legal action 29
8 Debt collection Other debt Communication tactics 29
9 Credit reporting Credit reporting Problem with a credit reporting company's investigation into an existing problem 21
10 Debt collection I do not know Communication tactics 16
View all complaints »
Complaints by Product
Complaints Over Time - By Year
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