WebRecon Aug 2024 Stats: Everything Up in Aug and YTD
Quick analysis: Everything Up in Aug and YTD For the first time in several years, it is starting to look like the big three (TCPA, FDCPA and FCRA) may all have a year-over-year increase together. The next month or two will be more telling, but we’ll definitely keep an eye on this trend. In August, TCPA […]
WebRecon July 2024 Stats: Mixed Numbers in July, Everything Up YTD
Quick analysis: Mixed Numbers in July, Everything Up YTD In July, TCPA (-14.6%) and FCRA (-8.5%) were both down, while FDCPA (+21.9%) was up. Meanwhile all three are still up YTD (TCPA +5.2%, FDCPA +15.1%, FCRA +17.7%). If things keep going this way, we’ll have the first “up” year across the board since at least 2015! […]
WebRecon June 2024 Stats: Everything Down in June, Yet Up YTD
Quick analysis: Everything Down in June, Yet Up YTD Not sure we’ve seen this one before! in June, every consumer complaint statute we track was down (TCPA -7.4%, FDCPA -32.1%, FCRA -9.2%), yet every one of them was still up year to date (TCPA +8.6%, FDCPA +15.4%, FCRA +21.1%). In other news, putative class actions represented […]
WebRecon May 2024 Stats: Another “Up” Month
Quick analysis: Another “Up” Month In May, TCPA (+20.7%), FDCPA (+25.4%) and FCRA (+4.2%) suits were all up over April, and TCPA (+9.3%), FDCPA (+19.2%) and FCRA (+23.3%) suits were all up YTD as well. Meanwhile, CFPB complaints were a bit down for the month (-5.8%) but still way up for the year (85%!). In other […]
WebRecon Apr 2024 Stats: Almost Everything Up
Quick analysis: Almost Everything Up In April, FDCPA (+12.7%) and FCRA (+12.7%) suits were up over March, and TCPA (+26.2%), FDCPA (+15.2%) and FCRA (+27.4%) suits were all up YTD. CFPB complaints were also up for the month (+2%) and the year (77.9%!). The only holdup from a complete sweep was April TCPA suits, which ticked […]
WebRecon Mar 2024 Stats: Mixed March, YTD Complaints Still Historically High
Quick analysis: Mixed March, YTD Numbers Still Riding High It has been a robust Q1 in the world of consumer complaints. Similar to February, the consumer complaint/litigation numbers are mixed for March (TCPA +1.5%, FDCPA -13.1%, FCRA -30.6%), but the year to date numbers are all still way up in the double digits over the same […]
WebRecon Feb 2024 Stats: Mixed Feb, But YTD Complaints Still High
Quick analysis: Mixed Feb, But YTD Complaints Still High For Feb 2024, FDCPA cases (-20.1%) and TCPA cases (-32%) fell while FCRA cases (+26.4%) and CFPB complaints (+20.4) increased. YTD, everything is still way up. YTD, everything is still up over 2023 by double digits: FDCPA +19.8% TCPA +32.8% FCRA +40.4% CFPB +39.2% In other news, […]
WebRecon Jan 2024 Stats: 2024 Starts with a ROAR
Quick analysis: 2024 Starts with a ROAR We can’t remember the last time consumer complaints and litigation had such a strong month across the board. Everything in January was up double digit percentages over Dec 2023: TCPA +78.6%(!), FDCPA +24.1%, FCRA +23.8%. And everything was also up double digit percentages YTD against last year: TCPA +50.4%, […]
WebRecon Dec 2023 Stats & Year in Review
Quick analysis: Down December & Year in Review The final stats of 2023 are in and for the first time since June, they show the big three statutes (TCPA -4.3%, FDCPA -.3%, FCRA -14.1%) all down from the previous month. CFPB complaints ended the month up +9.4%. It’s been another wild year of swings for […]
WebRecon Nov 2023 Stats: FCRA Up for the Month, TCPA Up YTD
Quick analysis: With just December consumer litigation left to tabulate in the coming weeks, 2023 YTD looks to have shaken out like this… TCPA is up (+8.9%), FCRA is about even (-.3%) and FDCPA is down (-10.3%). The die appears to be cast for one of the most interesting spreads in memory. The only real question […]