CFPB Debt Collection Complaints: One Year Later

Year-to-date debt collection complaints, Fair Credit Reporting Act and Telephone Consumer Protection Act lawsuits have increased, while Fair Debt Collection Protection Act lawsuits have decreased. July 2014 marked the one-year anniversary of the Consumer Financial Protection Bureau taking complaints about debt collection. According to data from WebRecon, there were 901 complaints filed against debt collectors in July 2013, and the year-to-date results are 23,784. <more>