Penn Credit BankRank.org
|Number of Complaints||748 (1 In Progress)|
|Complaints per $100K of Deposits||—|
|Complaints Resolved in a Timely Manner||100.0%|
|Resolutions Disputed by Customer||2.6%|
|Complaints Resolved in Customer's Favor||99.6%|
|FDIC Certificate #||—|
|Number of Branches||— (— International)|
|Total Equity Held||—|
|Quarterly Net Income||—|
Contact InformationNot Available
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Penn Credit Corporation is ranked 205th out of 3,688 banks. That puts Penn Credit in the top 51th percentile and gives them an overall grade of "C". This ranking is based upon customer complaints to the Consumer Finance Protection Bureau (CFPB) and public data about FDIC insured financial institutions. There are 748 complaints against Penn Credit and 1,058,614 complaints total.
Of the 748 complaints again Penn Credit, there have been 164 in the passed 18 months. Of those 164 complaints, 99.6% have been resolved in the customers favor, 2.6% 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. Penn Credit Corporation is graded in 1 category of financial products they offer. The top 2 categories are Debt Collection and Credit Reporting.
Penn Credit Corporation is rated "B+" in Debt Collection.
Click here to see Complete Penn Credit Report Card »
Below is the list of the top 10 complaint reasons against Penn Credit Corporation. Click here to see all complaints against Penn Credit.
|1||Debt collection||Other debt||Attempts to collect debt not owed||34|
|2||Debt collection||Other debt||Written notification about debt||33|
|3||Debt collection||I do not know||Attempts to collect debt not owed||27|
|4||Debt collection||I do not know||Communication tactics||21|
|5||Credit reporting||Credit reporting||Incorrect information on your report||11|
|6||Debt collection||Other debt||False statements or representation||5|
|7||Debt collection||I do not know||Written notification about debt||4|
|8||Debt collection||Other debt||Threatened to contact someone or share information improperly||4|
|9||Debt collection||Medical debt||Attempts to collect debt not owed||4|
|10||Credit reporting||Credit reporting||Problem with a credit reporting company's investigation into an existing problem||3|