Released: April 18, 2019
Could debt collectors send you texts, emails?
Source: Renae Merle, Washington Post (Paid Registration)
The Consumer Financial Protection Bureau will unveil debt collection rules in a few weeks, the agency’s director said potentially unleashing a battle over the industry’s tactics and consumers’ rights.
The proposal, which would be the first update to the Federal Debt Collection Practices Act in more than 40 years, will address how often debt collectors can call someone and the industry’s use of emails or text messages, CFPB Director Kathy Kraninger said.
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