Credit Repair Wiki:News Archive
Auto repair, credit and debt issues top consumer complaint list.- Credit card billing and fee disputes and aggressive tactics to collect credit card and other debts remain among the top complaints of American consumers, despite new initiatives to protect cardholders, according to a survey released Wednesday by a coalition of government and private consumer advocates.
The comprehensive survey of 31 state, county and city agencies, located in 18 states across the nation, found that the practices of credit card companies, debt collection agencies, credit "repair" firms and other debt-related entities represented the second most common consumer grievance, close behind the perennial No. 1 gripe: transactions involving auto purchases and repairs. Read more...