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Debt collection complaints are surging: Here’s why
Debt collection generates more fraud reports to the FTC than any other industry, according to the agency. But even legitimate ...
WASHINGTON − Thousands of complaints submitted by Americans to the Consumer Financial Protection Bureau alleging fraud or scams from private companies are going unanswered following President Donald ...
In a related trend, state courts are seeing a spike in debt collection lawsuits. Court filings surged in 2023 and 2024, ...
Class-action settlements alone hit nearly $40 billion in 2024, marking the third consecutive, record-setting year in the category. Private TCPA (Telephone Consumer Protection Act) claims have also ...
The Consumer Financial Protection Bureau has released its December 2016 complaint report which provides a snapshot of trends in consumer complaints. Here are four things to know from the report. 1. As ...
Kaz Weida is an educator and freelance journalist who covers insurance, taxes, banking, and a wide array of personal finance topics. In addition to CNET, Kaz contributes to Yahoo Finance, ...
Errors on credit reports. Unexpected bank and other “junk” fees. New financial products that conceal their true costs and terms. For help with those problems, millions of consumers in the U.S. have ...
NASHVILLE, Tenn. (WTVF) — Free money from Zelle or Cash App—just for filling out a government form? That’s what some TikTok videos claim. But Consumer Reports has a warning: it’s not a windfall—it’s ...
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