August 4 2025

Putting Debt-Collection Complaints in Context

While reports often cite the prevalence of debt-collection complaints in the CFPB's database, the ACA points out that the debt-collection industry makes more than one billion consumer contacts annually, meaning the 74,000 debt-collection complaints in the CFPB's database represents 0.0074% of the total consumer contacts through 2015. [2/26/16]