Q1 2024 Loan Complaint Data: Illegal Debt Collection Cases Drop by 40%—How to Borrow Safely
The first quarter of 2024 saw a notable shift in consumer loan complaints, with a 40% year-on-year decline in illegal debt collection cases, according to recent financial oversight reports. While this signals progress in regulatory enforcement and industry accountability, broader complaints in the banking and credit sector surged by over 40%, driv