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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 ...
Complaints about aggressive debt collection have skyrocketed in recent months, federal data shows, a sign that more Americans are falling behind on credit cards and medical bills. The rise in ...
US HOW TO HANDLE THOSE CALLS. YOU MAY NOT KNOW IT, BUT AS A CONSUMER, YOU’VE GOT A BOATLOAD OF RIGHTS, RULES AND REGULATIONS THAT WORK IN YOUR FAVOR WHEN DEALING WITH DEBT COLLECTORS. A VIEWER ...
Debt collection scams can be one of the most frightening and persistent scam types. Victims often report that scammers harass them or their family members for weeks or even months, both at home and at ...
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 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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