Debt collection activity has intensified significantly over the last year, and with borrowers now carrying over $1.23 trillion in collective credit card debt and household financial stress at elevated ...
Did your credit card company miss a zero when entering your last payment? Is there a mystery charge for $3,000 worth of pink flamingoes erroneously assigned to your account? Were your credit card ...
Debt collector complaints surged in 2025 as student loan, credit card, and auto delinquencies hit multi-year highs.
Complaint spike explained: Debt collection reports increased markedly in 2025, driven by rising defaults in student loans, credit cards, and auto loans. Student loan pressure: The end of pandemic-era ...
Most complaints were over billing disputes, but others covered fraud, interest rates, account closures and rewards programs. The federal agency contacts credit card companies about the complaints it ...
Credit One Bank, which specializes in subprime credit cards, moved to end nearly five years of litigation with a group of California district attorneys who claimed its debt-collection practices ...
CHARLESTON — Attorney General Patrick Morrisey is warning West Virginians about a scam involving bogus credit card debt collections. Morrissey says the callers target consumers about an overdue credit ...
On March 31, the CFPB released its Consumer Response Annual Report covering all 6.6 million complaints received in 2025, more than double the approximately 3.2 million received in 2024. The Bureau ...