March Case Filings Up for FDCPA, FCRA and TCPA

WebRecon’s latest report shows monthly increases in consumer litigation filings but year-to-date declines.

4/30/2021 8:00 AM

FCRAFDCPANewsTCPA
March Case Filings Up for FDCPA, FCRA and TCPA

Here are the latest statistics tracked by WebRecon LLC on consumer ligation filings.

Looking at the monthly changes from February to March, Fair Debt Collection Practices Act filings increased 18.7% from 471 to 559; Fair Credit Reporting Act filings increased 25% from 412 to 515, and Telephone Consumer Protection Act filings increased 24.4% from 160 to 199.

WebRecon CEO Jack Gordon calls the March numbers “a novel twist on recent history.”

Year-to-Date Filings

However, Gordon explains in his monthly report that FDCPA filings declined 19.7% from 1,895 to 1,522 when comparing Jan. 1, 2020-March 31, 2020, and Jan. 1, 2021-March 31, 2021.

TCPA filings declined 43.8% year-to-date from 2020 while FCRA filings did increase by 5.7%.

Complaints to the Consumer Financial Protection Bureau increased 42.9% year-to-date from 2020 and monthly from February to March by 28.5%.

Timely responses from financial services companies continue to come in at strong rate: 97%.

Read more findings in the complete WebRecon report here. 


Follow ACA International on Twitter @ACAIntl and @acacollector, Facebook and request to join our LinkedIn group for news and event updates. ACA International members are welcome to submit news items for possible publication to comm@acainternational.org. Visit our publications page for news submission guidelines and subscriptions to ACA Daily, Collector magazine and Pulse.

Advertising is available for companies wishing to promote their products or services. Be sure to visit the ACA Events Calendar on the Education and Training page to view our listing of upcoming CORE Curriculum and Hot Topic seminars featuring critical educational opportunities for your company.


Subscribe to ACA Daily NEWSROOM

March Case Filings Up for FDCPA, FCRA and TCPA

Here are the latest statistics tracked by WebRecon LLC on consumer ligation filings.

Looking at the monthly changes from February to March, Fair Debt Collection Practices Act filings increased 18.7% from 471 to 559; Fair Credit Reporting Act filings increased 25% from 412 to 515, and Telephone Consumer Protection Act filings increased 24.4% from 160 to 199.

WebRecon CEO Jack Gordon calls the March numbers “a novel twist on recent history.”

Year-to-Date Filings

However, Gordon explains in his monthly report that FDCPA filings declined 19.7% from 1,895 to 1,522 when comparing Jan. 1, 2020-March 31, 2020, and Jan. 1, 2021-March 31, 2021.

TCPA filings declined 43.8% year-to-date from 2020 while FCRA filings did increase by 5.7%.

Complaints to the Consumer Financial Protection Bureau increased 42.9% year-to-date from 2020 and monthly from February to March by 28.5%.

Timely responses from financial services companies continue to come in at strong rate: 97%.

Read more findings in the complete WebRecon report here. 


Follow ACA International on Twitter @ACAIntl and @acacollector, Facebook and request to join our LinkedIn group for news and event updates. ACA International members are welcome to submit news items for possible publication to comm@acainternational.org. Visit our publications page for news submission guidelines and subscriptions to ACA Daily, Collector magazine and Pulse.

Advertising is available for companies wishing to promote their products or services. Be sure to visit the ACA Events Calendar on the Education and Training page to view our listing of upcoming CORE Curriculum and Hot Topic seminars featuring critical educational opportunities for your company.


Subscribe to ACA Daily NEWSROOM

Loading...

Loading...

Scroll to Top