Putting TRAC to Work
  Legal and Scholarly
St. Mary's University, William and Mary Business Law Review

Courts Gone "Irrationally Biased" in Favor of the Federal Arbitration Act? Enforcing Arbitration Provisions in Standardized Applications and Marginalizing Consumer-Protection, Antidiscrimination, and States' Contract Laws
By Willy E. Rice

In 2009, FDCPA litigation reached a new peak; the new percentage was a 52 percent increase above the aggregate percentage for prior years. On the other hand, consumers still file truth in lending lawsuits. In recent years, however, the rates have fallen. “During May 2013 the government reported only 16 new truth-in-lending civil filings. This followed only 26 such suits filed in April and 14 suits begun during March, according to the case-by-case information analyzed by the Transactional Records Access Clearinghouse (TRAC). Truth in lending lawsuits have fallen 89 percent, down from the peak of 152 reached four years ago in May 2009.”.....[Citing TRAC research].

Transactional Records Access Clearinghouse, Syracuse University
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