Tradelines news and trends

CFPB Report: One In Four Consumers Have Debt In Collections

July 19, 2019
CFPB
Interviews & Exclusives
CFPB Report: One In Four Consumers Have Debt In Collections

July 19, 2019
More than a quarter of consumers have one debt in collections, according to data from the Consumer Financial Protection Bureau. A large swath of that is tied to medical debt — but it depends on who is trying to collect, according to a recent agency study.