BankRank.org logo Transworld Systems BankRank.org

Transworld Systems Inc — Overview
Transworld Systems Inc is rated overall in the bottom 42nd percentile based on 3,773 customer complaints.

Statistics

Number of Complaints3,773 (1 In Progress)
Complaints per $100K of Deposits
Complaints Resolved in a Timely Manner99.9%
Resolutions Disputed by Customer2.7%
Complaints Resolved in Customer's Favor99.9%

Financial Report

Established
FDIC Certificate #
Number of Branches— (— International)
Total Assets
Total Deposits
Total Equity Held
Quarterly Net Income
42nd
percentile

Contact Information

Not Available

Back to BankRank.org/Banks Top of Page
Transworld Systems Inc — Summary

Transworld Systems Inc is ranked 237th out of 3,688 banks. That puts Transworld Systems in the bottom 43rd 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 3,773 complaints against Transworld Systems and 1,058,614 complaints total.

Of the 3,773 complaints again Transworld Systems, there have been 1,491 in the passed 18 months. Of those 1,491 complaints, 99.9% have been resolved in the customers favor, 2.7% have been disputed by the customer, and 99.9% 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. Transworld Systems Inc is graded in 3 categories of financial products they offer. The top 3 categories are Debt Collection, Student Loan and Credit Reporting.

Transworld Systems Inc is rated "D+" in Debt Collection; "B+" in Student Loan; and "C" in Credit Reporting.

Click here to see Complete Transworld Systems Report Card »

Most Recent Complaints

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

# Product Sub-Product Issue Count
1 Debt collection Medical debt Attempts to collect debt not owed 174
2 Debt collection Other debt Attempts to collect debt not owed 170
3 Debt collection Medical debt Written notification about debt 99
4 Student loan Private student loan Dealing with your lender or servicer 82
5 Debt collection Other debt Written notification about debt 72
6 Debt collection I do not know Attempts to collect debt not owed 70
7 Debt collection I do not know Communication tactics 58
8 Credit reporting Credit reporting Incorrect information on your report 44
9 Debt collection Medical Cont'd attempts collect debt not owed 38
10 Student loan Private student loan Struggling to repay your loan 37
View all complaints »
Complaints by Product
Complaints Over Time - By Year
** Document Provided By BankRank.org **
Source: https://www.bankrank.org/banks/transworld-systems-inc