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Debt collection complaints are surging: Here’s why
(NewsNation) — American households owe a record $18.4 trillion, and federal data shows complaints about aggressive debt collection have surged over the past year. The Federal Trade Commission logged ...
Consumer debt headlines can be misleading; when adjusted for population, wages, and inflation, debt service remains manageable and below pre-2008 levels. Delinquency rates are rising in credit cards ...
After unexpectedly surging in July, consumer debt returned to its previous trend and flatlined again in August, signaling growing financial stress on American households. It contracted in May and June ...
ADA, Okla.--(BUSINESS WIRE)--Foreclosure legal inquiries jumped nearly 30% year-over-year in the second quarter as mounting consumer debt pushed Americans to seek legal help at the highest rate since ...
Researchers from the Johns Hopkins Bloomberg School of Public Health report that adults with medical debt were much more ...
With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...
U.S. household debt increased by $185 billion in Q2 2025, reaching $18.39 trillion. Mortgage balances saw the largest quarterly growth, rising by $131 billion to $12.94 trillion. Serious delinquency ...
There is no collapse. No Lehman Brothers moment. Instead it’s a slow burn, a financial treadmill that many are never able to get off. Across the country, households are juggling a web of obligations: ...
Debt settlement and bankruptcy are drastic solutions for serious financial problems. Most consumers who qualify for Chapter 7 are better off choosing bankruptcy. Debt settlement can be a better option ...
For many families, credit card debt is a huge source of stress, and when the bills keep piling up, it might seem like there’s no way out. But before you lose hope, you may qualify for debt ...
The Federal Trade Commission logged over 140,000 consumer complaints about debt collection in the second quarter — a 220% jump from the same period a year earlier. Georgia, Texas and Florida recorded ...
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