According to a recent report by WebRecon, court filings under the Fair Debt Collection Practices Act (FDCPA) and Fair Credit Reporting Act (FCRA) and complaints filed with the Consumer Financial Protection Bureau (CFPB) were all up for the month of April. Only court filings under the Telephone Consumer Protection Act (TCPA) were slightly down. Still, year-to-date everything is up by double digits compared to 2023.
WebRecon reports the overall statistics for consumer litigation in April as follows:
- 524 FCRA cases were filed, representing a 12.7% increase from March;
- 355 FDCPA cases were filed, representing a 12.7% increase from March;
- 135 TCPA cases filed, representing a 2.9% decrease from March; and
- 12,792 complaints filed with the CFPB, representing a 2.0% increase from March.
Filings are still way up in all categories compared to January 1 to May 1, 2023 (FDCPA +15.2%, TCPA +26.2%, FCRA +27.4%, CFPB +77.9%).
