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Identity Theft Is No. 1 Consumer Complaint

According the Federal Trade Commission, identity theft replaced debt collection as the top subject of complaints by consumers in 2009.  According to a recently published report, the FTC received more than 278,000 complaints related to identity theft. In previous years, debt collection had ranked number one, but it is now number two. Debt collectors apparently are still causing massive problems for consumers, as more than 119,000 complaints were lodged in that area.

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