Tag Archives: Data

All signs might be pointing to a recession on the horizon, but consumers either aren’t getting the memos or they just don’t think it’s going to affect them very much, according to data released yesterday by the Federal Reserve Bank of New York. In fact, more consumers think they are …

As the COVID-19 pandemic took over the United States in 2020 and through 2021, fewer consumers — by and large — had problems paying their bills, but those who did have problems doing so had more problems than usual, according to data that was released last week by the Consumer …

Perhaps it’s only fitting around the holidays that the monthly chart published by WebRecon detailing the number of lawsuits filed against companies in the accounts receivable management industry and the number of complaints filed by consumers with the Consumer Financial Protection Bureau have a fair bit of both red and …

Consumers continued to appear to have opposing reactions to their interactions with companies in the accounts receivable management industry in October, with fewer consumers complaining to the Consumer Financial Protection Bureau, but more consumers filing lawsuits, according to data released yesterday by WebRecon. WebRecon did note that the number of …

Consumers that live in neighborhoods where the majority of individuals are African-American or Hispanic, or who are delinquent on their payments, or who are younger, or who have lower credit scores are the individuals who are most likely to dispute items on their credit reports, according to an analysis conducted …

Everything WebRecon tracks and reports was in the red for September, compared with August’s totals, and most were down when compared to the totals for September 2020, as well, which might offer collection agencies a brief reprieve as they focus much of their attention on getting ready for the enactment …

If you have ever watched a movie where someone goes to jail, the advice that the person usually receives is to fight the biggest inmate on the first day, to show you mean business and that you’re tough. Well, the new Director of the Consumer Financial Protection Bureau, who has …

Plaintiffs were a little bit busier in August than they have been in recent months, according to data released recently by WebRecon, while consumers slowed down the number of complaints they filed with the Consumer Financial Protection Bureau. The number of lawsuits filed against companies in the accounts receivable management …

While the number of lawsuits against companies in the accounts receivable management industry continued to decline, the individuals who are filing more than one lawsuit is on the rise, according to data released recently by WebRecon. The number of suits alleging violations of the Fair Credit Reporting Act, the Fair …

Consumers were in the mood to complain and sue in June, according to data released recently by WebRecon. The number of complaints filed by individuals with the Consumer Financial Protection Bureau and the number of lawsuits alleging violations of the Fair Credit Reporting Act, Fair Debt Collection Practices Act, and …