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Merchants And Medical Credit Corporation, Inc. — Overview
B+ Overall
Merchants And Medical Credit Corporation, Inc. is rated overall in the top 78th percentile based on 125 customer complaints.

Statistics

Number of Complaints125 (0 In Progress)
Complaints per $100K of Deposits
Complaints Resolved in a Timely Manner100.0%
Resolutions Disputed by Customer5.7%
Complaints Resolved in Customer's Favor100.0%

Financial Report

Established
FDIC Certificate #
Number of Branches— (— International)
Total Assets
Total Deposits
Total Equity Held
Quarterly Net Income
78th
percentile

Contact Information

Not Available

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Merchants And Medical Credit Corporation, Inc. — Summary

Merchants And Medical Credit Corporation, Inc. is ranked 88th out of 3,648 banks. That puts Merchants And Medical Credit in the top 78th percentile and gives them an overall grade of "B+". This ranking is based upon customer complaints to the Consumer Finance Protection Bureau (CFPB) and public data about FDIC insured financial institutions. There are 125 complaints against Merchants And Medical Credit and 1,002,502 complaints total.

Of the 125 complaints again Merchants And Medical Credit, there have been 68 in the passed 18 months. Of those 68 complaints, 100.0% have been resolved in the customers favor, 5.7% 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. Merchants And Medical Credit Corporation, Inc. is graded in 1 category of financial products they offer. The top 2 categories are Debt Collection and Credit Reporting.

Merchants And Medical Credit Corporation, Inc. is rated "B" in Debt Collection.

Click here to see Complete Merchants And Medical Credit Report Card »

Most Recent Complaints

Below is the list of the top 10 complaint reasons against Merchants And Medical Credit Corporation, Inc.. Click here to see all complaints against Merchants And Medical Credit.

# Product Sub-Product Issue Count
1 Debt collection Medical debt Attempts to collect debt not owed 16
2 Debt collection I do not know Attempts to collect debt not owed 6
3 Debt collection I do not know Written notification about debt 5
4 Debt collection Other debt Attempts to collect debt not owed 4
5 Credit reporting Credit reporting Incorrect information on your report 3
6 Debt collection Medical Disclosure verification of debt 3
7 Debt collection Medical Cont'd attempts collect debt not owed 3
8 Debt collection Other debt Communication tactics 2
9 Debt collection Medical Communication tactics 2
10 Debt collection Medical debt Written notification about debt 2
View all complaints »
Complaints by Product
Complaints Over Time - By Year
** Document Provided By BankRank.org **
Source: https://www.bankrank.org/banks/merchants-and-medical-credit-corporation-inc