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Perfection Collection — Overview
D Overall
Perfection Collection is rated overall in the bottom 20th percentile based on 103 customer complaints.

Statistics

Number of Complaints103 (0 In Progress)
Complaints per $100K of Deposits
Complaints Resolved in a Timely Manner97.9%
Resolutions Disputed by Customer4.1%
Complaints Resolved in Customer's Favor83.5%

Financial Report

Established
FDIC Certificate #
Number of Branches— (— International)
Total Assets
Total Deposits
Total Equity Held
Quarterly Net Income
20th
percentile

Contact Information

Not Available

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Perfection Collection — Summary

Perfection Collection is ranked 332nd out of 3,648 banks. That puts Perfection Collection in the bottom 19th 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 103 complaints against Perfection Collection and 1,002,502 complaints total.

Of the 103 complaints again Perfection Collection, there have been 95 in the passed 18 months. Of those 95 complaints, 83.5% have been resolved in the customers favor, 4.1% have been disputed by the customer, and 97.9% 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. Perfection Collection is graded in 1 category of financial products they offer. The top 2 categories are Debt Collection and Credit Reporting.

Perfection Collection is rated "D-" in Debt Collection.

Click here to see Complete Perfection Collection Report Card »

Most Recent Complaints

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

# Product Sub-Product Issue Count
1 Debt collection Other debt Attempts to collect debt not owed 29
2 Debt collection Other debt Written notification about debt 10
3 Credit reporting Credit reporting Incorrect information on your report 9
4 Debt collection I do not know Attempts to collect debt not owed 8
5 Debt collection Other debt Took or threatened to take negative or legal action 6
6 Debt collection Other debt False statements or representation 6
7 Debt collection Other (i.e. phone, health club, etc.) Cont'd attempts collect debt not owed 4
8 Debt collection Other (i.e. phone, health club, etc.) Disclosure verification of debt 3
9 Debt collection I do not know Written notification about debt 3
10 Debt collection Other debt Communication tactics 3
View all complaints »
Complaints by Product
Complaints Over Time - By Year
** Document Provided By BankRank.org **
Source: https://www.bankrank.org/banks/perfection-collection