FCRA Class Action Lawsuits Rise Sharply in June 2015

 FCRAFTCGavel

Written By ESR News Blog Editor Thomas Ahearn

Fair Credit reporting Act (FCRA) class action lawsuits rose 26.8 percent from May 2015 to June 2015, and FCRA class action lawsuits rose 67.4 percent in June 2015 over June 2014, according Consumer Financial Protection Bureau (CFPB) Complaint Statistics available on the WebRecon LLC website.

WebRecon reports that CFPB Complaint Statistics show 298 FCRA class action lawsuits were filed between June 1, 2015 and June 30, 2015 while 235 FCRA class action lawsuits were filed between May 1, 2015 and May 31, 2015, a rise of 26.8 percent rise from May 2015 to June 2015.

WebRecon also reports that CFPB Complaint Statistics reveal that 178 FCRA class action lawsuits were filed between June 1, 2014 and June 30, 2014 while 298 FCRA class action lawsuits were filed between June 1, 2015 and June 30, 2015, a rise of 67.4 percent rise from June 2014 to June 2015.

Year to Date (YTD), FCRA class action lawsuits were up 22.7 percent with 1514 filed from January 2015 to June 2015 and 1234 filed from January 2014 to June 2014. The complete CFPB Complaint Statistics are at http://dev.webrecon.com/debt-collection-litigation-cfpb-complaint-statistics-june-2015/.

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