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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 ...
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Credit card debt hits a record $1.28 trillion—why this is a problem for first-time homebuyers
Credit card debt reached a record $1.28 trillion in late 2025. Rising balances are creating new challenges for those seeking a first home.
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 ...
Collectively, Americans owe $1.23 trillion on their credit cards, according to a new report from the Federal Reserve Bank of New York. However, despite the overall uptick, there is a growing divide ...
LegalShield Index rises 10% in 2025, reaching highest sustained level in years as Americans rely on credit to maintain spending Consumer Finance Subindex surges 6.7% in Q4 as households increasingly ...
Black Americans have been systematically excluded from wealth accumulation through policies and practices that increase debt burdens and limit asset building, leading to chronic financial ...
DAYTON — Complaints about aggressive debt collectors are on the rise as more people find themselves living paycheck to paycheck. Sam Brashears, a single mom working as an appointment scheduler, has ...
Rhode, who has been helping people with debt since 1994, built the tools to counter an industry practice he has observed for decades: most “free” online debt tools are lead generators that collect ...
As prices continue to rise across the country, Americans are tacking more and more money onto their consumer debt. Americans have $1.3 trillion in credit card debt, $1.7 trillion in auto loan debt and ...
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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