70 million Americans have a debt in collections (CFPB)

Source: CFPB Consumer Credit Panel · 2024

Debt collection is subject to the FDCPA. CFPB complaint data is a useful signal of whether collectors are operating within legal requirements.

RANKINGS · DEBT COLLECTION

Debt collection Complaint Rates

CFPB complaints about debt collectors — wrong-amount claims, debts you don't owe, and FDCPA violations, ranked per 1,000 collection accounts.

All BanksCredit CardsMortgageChecking & SavingsPersonal LoansStudent LoansAuto LoansMoney TransferDebt Collection
INSTITUTIONS RANKED
16
CATEGORY AVERAGE
0.21
complaints per 1k customers
BEST PERFORMER
0.02
PNC Bank N.A.
WORST PERFORMER
1.47
SYNCHRONY FINANCIAL
Not sure if your provider is good enough?See what the data means for you and what to do about it.

How to read this table: Ranked from worst (most complaints) at the top to best (fewest complaints) at the bottom. Hover column headers for metric explanations.

A high complaint rate suggests practices consumers find aggressive, inaccurate, or legally questionable — including attempts to collect debts consumers don't recognise. Read our full methodology →

WHAT TO DO ABOUT IT

A high complaint rate on a debt collector means they are more likely to be chasing a debt you do not actually owe.

You cannot choose your debt collector - but you can choose how you respond. Under the FDCPA, you have 30 days to dispute any debt in writing. The collector must stop all contact until they verify it. A dispute letter takes 2 minutes to write. The best-rated alternative in this category has a complaint rate 76× lower than the highest-rate institution shown.

BETTER ALTERNATIVESi
#1 LOWEST RATE75.6× lower
PNC Bank N.A.
0.02complaints per 1,000 customers
873 total CFPB complaintsView PNC
#2 LOWEST RATE50.2× lower
JPMORGAN CHASE & CO.
0.03complaints per 1,000 customers
7,888 total CFPB complaintsView JPMORGAN
#3 LOWEST RATE46.4× lower
TRUIST FINANCIAL CORPORATION
0.03complaints per 1,000 customers
1,294 total CFPB complaintsView TRUIST
View full rankings →
You have 30 days to dispute any debt in writing - the collector must stop until verified
High-complaint collectors are 5x more likely to re-age debt illegally
If a collector violates the FDCPA you are entitled to up to $1,000 per violation
Checking your free credit report can reveal collection errors before they damage your score

Rate = CFPB complaints ÷ estimated customers × 1,000 · Source: CFPB + FDIC BankFind · Data & pricing

Further reading
Filing a complaint against a debt collector - here's what happens →