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Debt collection complaints are surging: Here’s why
(NewsNation) — American households owe a record $18.4 trillion, and federal data shows complaints about aggressive debt collection have surged over the past year. The Federal Trade Commission logged ...
It can be frustrating and scary to fall behind in payments on credit cards or other accounts. When the calls from collection agencies start, it adds a new level of stress. Don't panic. Instead, ...
New York, NY – Debt collection agency harassment complaints by U.S. military service members rose sharply last quarter, potentially undermining national security interests, according to an independent ...
Along with additional details about the volume coming out of Florida, the Consumer Financial Protection Bureau released its latest monthly consumer complaint snapshot this week, focusing on debt ...
The Consumer Financial Protection Bureau released its annual report to Congress on the Fair Debt Collection Practices Act highlighting consumer complaints about unpaid medical debt. Fresh off a ...
The Consumer Finance Protection Bureau sent more than 60,000 debt collection complaints in 2022, and 8,500 (15%) of those were about attempts to collect a medical bill, according to the agency’s ...
The Federal Trade Commission logged over 140,000 consumer complaints about debt collection in the second quarter — a 220% jump from the same period a year earlier. Georgia, Texas and Florida recorded ...
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