According to a recent report by WebRecon, court filings under the Fair Debt Collection Practices Act (FDCPA) and Telephone Consumer Protection Act (TCPA) were down for the month of February while court filings under the Fair Credit Reporting Act (FCRA) and complaints filed with the Consumer Financial Protection Bureau (CFPB) were up. Year-to-date everything is still up by double digits compared to 2023.
WebRecon reports the overall statistics for consumer litigation in February as follows:
- 675 FCRA cases were filed, representing a 26.4% increase from January;
- 365 FDCPA cases were filed, representing a 20.1% decrease from January;
- 136 TCPA cases filed, representing a 32.0% decrease from January; and
- 8,838 complaints filed with the CFPB, representing a 20.4% increase from January.
Although this month was a mixed bag, filings were still up in all categories compared to January 1 to March 1, 2023 (FDCPA +19.8%, TCPA +32.8%, FCRA +40.4%, CFPB +39.2%).
