Monday, March 29, 2021

FTC Coronavirus Update

Coronavirus Pandemic: The FTC in Action
March 29, 2021 Visit FTC.gov/Coronavirus for more information.

In this bulletin:

  • Joint Statement by FTC Acting Chairwoman Rebecca Kelly Slaughter and CFPB Acting Director Dave Uejio
  • Behind on your rent and worried about eviction?
  • A word to landlords about eviction moratoriums
  • Updated Coronavirus (COVID-19) consumer complaint data

Joint Statement by FTC Acting Chairwoman Rebecca Kelly Slaughter and CFPB Acting Director Dave Uejio

Federal Trade Commission Acting Chairwoman Rebecca Kelly Slaughter and Consumer Financial Protection Bureau (CFPB) Acting Director Dave Uejio issued a statement today regarding the national moratorium on evictions during the pandemic.


Behind on your rent and worried about eviction?

Lots of people are having difficulty paying their rent due to the pandemic. But today, the Centers for Disease Control (CDC) released an eviction moratorium order. It protects people from being evicted for not paying their rent if they complete a declaration form and give it to their landlord. This protection lasts until June 30, 2021.


A word to landlords about eviction moratoriums

According to a recent CFPB report, the pandemic has left more than 8.8 million consumers behind on their rent. Tenants at risk of homelessness are disproportionately people of color, primarily Black and Hispanic families. Federal, state, and local governments, including the CDC, have put temporary holds on evictions for non-payment of rent – a measure proven to help stop the spread of COVID-19. If you work in the housing sector, you'll want to read a joint statement from FTC Acting Chair Slaughter and CFPB Acting Director Uejio on that subject.


Updated Coronavirus (COVID-19) consumer complaint data

Today, the FTC published its latest edition of Coronavirus (COVID-19) Consumer Complaint Data on its FTC COVID-19 and Stimulus Reports dashboard. Select a state from the map on the dashboard to view data by state.

As of March 28, 2021:

  • 411,661 Overall Reports
  • $386.78M Total Fraud Loss
  • $331 Median Fraud Loss

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