The Ticker
Debt collection tops FTC’s complaint list
3/5/13 1:13pm
The Federal Trade Commission received over two million complaints from consumers last year, with 10% of those related to debt collection and 6% tied to issues with banks and lenders.
The FTC said those two complaint categories topped its list of 2012 complaints, according to the agency's new Consumer Sentinel Network Data Book.
Complaints about banks and lenders totaled 132,340, while complaints about debt collectors hit 199,721.