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Penn Credit Corporation — Overview
C Overall
Penn Credit Corporation is rated overall in the top 50th percentile based on 748 customer complaints.

Statistics

Number of Complaints748 (1 In Progress)
Complaints per $100K of Deposits
Complaints Resolved in a Timely Manner100.0%
Resolutions Disputed by Customer2.6%
Complaints Resolved in Customer's Favor99.6%

Financial Report

Established
FDIC Certificate #
Number of Branches— (— International)
Total Assets
Total Deposits
Total Equity Held
Quarterly Net Income
50th
percentile

Contact Information

Not Available

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Penn Credit Corporation — Summary

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 266 in the passed 18 months. Of those 266 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 »

Most Recent Complaints

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

# Product Sub-Product Issue Count
1 Debt collection Other debt Attempts to collect debt not owed 50
2 Debt collection Other debt Written notification about debt 38
3 Debt collection I do not know Attempts to collect debt not owed 35
4 Debt collection I do not know Communication tactics 31
5 Debt collection Other (i.e. phone, health club, etc.) Cont'd attempts collect debt not owed 16
6 Credit reporting Credit reporting Incorrect information on your report 14
7 Debt collection Medical debt Attempts to collect debt not owed 7
8 Debt collection Other debt False statements or representation 7
9 Debt collection I do not know Disclosure verification of debt 5
10 Debt collection I do not know Cont'd attempts collect debt not owed 5
View all complaints »
Complaints by Product
Complaints Over Time - By Year
** Document Provided By BankRank.org **
Source: https://www.bankrank.org/banks/penn-credit-corporation