CFPB Complaints Decline 16 Percent in May

Monthly analysis shows a decline in FDCPA and TCPA lawsuits and a slight increase in alleged FCRA violations, while debt collection complaints decreased from April to May. Fair Credit Reporting Act district court filings saw the only uptick in May when compared to complaints to the Consumer Financial Protection Bureau and court filings for the Fair Debt Collection Practices Act and Telephone Consumer Protection Act, according to new data from WebRecon. <more>