Military personnel, veterans, and their families are often the targets of aggressive or unscrupulous debt collectors. Now that the Consumer Financial Protection Bureau is keeping statistics, it’s possible to quantify a degree to which abusive debt collectors target service members in Ohio and elsewhere around the country.
The bureau first began to take complaints in July 2013. Since that time, military community members have filed about 3,800 complaints about abusive debt collection. Military families have filed over 4,500 complaints about forced sales and foreclosed homes, but the agency has been providing consumer support on those issues for more than two years. It appears that creditor harassment may be a more prevalent problem.