CFPB Debt Collection Complaints, FDCPA and FCRA Cases Increase in October

Telephone Consumer Protection Act cases declined, but not enough to change the overall trend of increasing litigation under the act. CFPB complaints could continue to increase in the coming weeks. Complaints to the Consumer Financial Protection Bureau about debt collection as well as Fair Debt Collection Practices Act and Fair Credit Reporting Act lawsuits increased in October, according to WebRecon’s latest report on the trends. <more>