FTC Archives

NCLC Attorney Statement Regarding Challenge to Constitutionality of Consumer Financial Protection Bureau Leadership Structure

September 18, 2019

FOR IMMEDIATE RELEASE: September 18, 2019 National Consumer Law Center contacts: Lauren Saunders ([email protected]) or (202) 595-7845; Jan Kruse ([email protected]) or (617) 542-8010 Washington, D.C. – Late yesterday, the Consumer Financial Protection Bureau joined an appeal by the Trump Administration to the U.S. Supreme Court asserting that the agency’s independent leadership structure is a violation…

Statement Regarding Credit Report/Score Requirement in DHS Public Charge Regulation

August 12, 2019

FOR IMMEDIATE RELEASE: August 12. 2019 National Consumer Law Center contact: Chi Chi Wu ([email protected]) or (617) 542-8010 Statement Regarding Credit Report/Score Requirement in DHS Public Charge Regulation Boston – Today, the Department of Homeland Security (DHS) released a regulation that greatly expands what will be considered in determining whether an immigrant is considered a…

Consumer Watchdog’s Proposed Debt Collection Rule Bites Consumers: Authorizes Harassment by Debt Collectors

May 7, 2019

FOR IMMEDIATE RELEASE: May 7, 2019 Consumer Watchdog’s Proposed Debt Collection Rule Bites Consumers: Authorizes Harassment by Debt Collectors Washington – The Consumer Financial Protection Bureau (CFPB) released a proposed debt collection rule today which provides numerous gifts to debt collectors with limited new protections for consumers. “We are horrified that the CFPB’s proposed rule will actually…

Report: Unpublished FTC Data about Debt Collection Complaints Shed Light on Reported Law Violations by Collectors

February 7, 2019

FOR IMMEDIATE RELEASE: February 7, 2019 National Consumer Law Center Report Analyzes Nearly 700,000 Consumer Complaints from 2017 for 50 States, District of Columbia, and Puerto Rico Download the full report and access debt collection fact sheets (national, state, and District of Columbia) a map of the number of complaints per capita in each state,…

Advocates Commend CFPB’s Intent to Address Debt Complaints; Federal Regulators Will Create Proposed Rules to Curb Predatory Debt Collection Tactics

March 3, 2014

WASHINGTON – Year after year, one of the top consumer complaints to the Federal Trade Commission (FTC) is problems with debt collection. Complaints are skyrocketing: from 13,950 in 2000 to 199,721 in 2012 – more than a 900% increase in just over a decade. In January 2014 alone, consumers registered about 3000 complaints regarding debt…

Debt Collection Abuses Widespread

July 15, 2010

BOSTON – Debt companies pursuing consumers with a small army of collectors have swamped small claims courts with lawsuits and left a trail of abuses that, in 2009, led consumers to file more than 120,000 complaints with federal regulators. “The Debt Machine: How the Collection Industry Hounds Consumers and Overwhelms Courts,” released today by the…

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