March 17, 2010

The Top 10 Complaint Generating Industries For 2009

Filed under: General — Tags: Credit Repair, credit repair industries, credit repair organizations — admin @ 1:45 pm

Here is a list of the top 10 complaint generating industries for 2009.

 

Where does credit repair organizations fall on this list?

Industry Total
Complaints
Rank by
number of
complaints
Percentage
change over
2008
Percentage of
resolved
complaints
Cellular phones
service &
equipment
37,477 1 2.1% 97.4%
Television – Cable,
CATV & Satellite
32,616 2 8.7% 97.2%
Banks 29,920 3 42.3% 95.2%
Auto Dealers -
New Cars
26,888 4 -2.4% 84.1%
Internet Shopping 21,494 5 9.4% 71.7%
Collection Agencies 15,797 6 -3.3% 86.6%
Auto Dealers -
Used Cars
13,686 7 2.5% 70.8%
Telephone Companies 13,470 8 11.2% 96.1%
Furniture – Retail 13,158 9 -2.9% 78.3%
Auto Repair
& Service
12,736 10 9.5% 65.9%

How about all the way down at 189 on the list! That’s right. The credit repair industry only generated 993 complaints for the entire year of 2009.

Far from the sensationalized picture the media and other entities try to paint.  BBB bans credit repair companies as a whole and/or gives blanket “F” ratings….For an industry that only generated less than 1 complaint per company on average?

The limousine industry gets more complaints than we do.

Wow… Makes us wonder!