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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 ...
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 ...
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 ...
New information from the Federal Trade Commission (FTC) on debt collection calls shows they are spiking. Almost 280,000 people nationally have complained in the last year about them, and at least 41% ...
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Getty Images Debt collection ...
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 ...
Debt collection complaints rose 115% in 2025 as identity theft drives fake accounts. Learn your rights and how to protect ...
Social media is where you watch cooking videos, gaze at photos of dreamy travel destinations and doomscroll through endless news headlines. Now, sites like Instagram, Facebook and Twitter could 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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