Released: April 19, 2019
Debt collectors may soon text, email consumers
Source: Aimee Pichi, CBS News
Debt collecting is an age-old business but it may soon receive a 21st-century revamp when the Consumer Financial Protection Bureau, an agency created in the wake of the financial crisis to protect consumers, proposes new rules for the industry. Among the changes may be whether debt collectors can text and email borrowers as they pursue overdue funds.
Read Full Article: Debt collectors may soon text, email consumers