FDCPA Lawsuits Up Sharply YTD in 2015 vs. 2014

http://www.insidearm.com/news/00041307-fdcpa-lawsuits-up-sharply-ytd-in-2015-vs-/

According to a monthly report by Webrecon, FDCPA litigation is up 17.5% YTD over the same period in 2014, with 6,888 cases filed through the end of July compared to 5,862 for the same period last year. FCRA cases also increased YTD compared with last year, by 26.8%. TCPA are still down for the YTD comparison, by 1.4%.

Comparisons:	Current Period:	Previous Period:		Previous Year Comp:
	Jul 01, 2015 Jul 31, 2015	Jun 01, 2015 Jun 30, 2015		Jul 01, 2014 Jul 31, 2014

CFPB Complaints	3443	3518	-2.1%	3510	-1.9%

FDCPA lawsuits	1050	1137	-7.7%	842	24.7%
FCRA lawsuits	308	300	2.7%	208	48.1%
TCPA lawsuits	252	251	0.4%	206	22.3%

YTD CFPB Complaints	24367			24092	1.1%
YTD FDCPA lawsuits	6888			5862	17.5%
YTD FCRA lawsuits	1828			1442	26.8%
YTD TCPA lawsuits	1573			1595	-1.4%