According to a recent report by WebRecon, court filings under the Fair Credit Reporting Act (FCRA) and Telephone Consumer Protection Act (TCPA) were down for the month of July, but filings the under Fair Debt Collection Practices Act (FDCPA) and complaints filed with the Consumer Financial Protection Bureau (CFPB) were up for the month. Year-to-date everything is up compared to 2023, particularly CFPB complaints which have increased over 90% year-to-date!
WebRecon reports the overall statistics for consumer litigation in July as follows:
- 454 FCRA cases were filed, representing a 8.5% decrease from June;
- 368 FDCPA cases were filed, representing a 21.9% increase from June;
- 129 TCPA cases filed, representing a 14.6% decrease from June; and
- 11,444 complaints filed with the CFPB, representing a 1.4% increase from June.
Filings are still up in all categories compared to January 1 to June 30, 2023 (FCRA +17.7%, FDCPA +15.1%, TCPA +5.2%, CFPB +91.7%).