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Friday, February 19, 2010

Debt problems top list of complaints

Associated Press
A nationwide recession helped make debt problems the No. 1 consumer complaint in a list compiled by the Illinois attorney general's office.

Things were so bad last year there was a 65 percent jump in residential mortgage-related complaints.

Lisa Madigan's office says it received more than 7,800 complaints about mortgage lending, collections and credit cards.

In a top 10 list, the No. 2 complaint was about identity theft and coming in third were complaints about construction and home remodeling.

Madigan's office says consumers filed a total of 31,264 complaints with their consumer protection division.

The other complaints in the top 10 were about telecommunication services, promotions, car sales, mail orders, attempts to defraud businesses, utility services and car repairs.

Copyright 2010 The Associated Press.

 
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