CFPB Reaches Settlement With Debt Collector Over Deceptive Practices
Collection Industry News
DECEMBER 21, 2020
Last week, the CFPB issued a Consent Order against a New Jersey based debt-collection agency (Agency) over allegations that the Agency regularly violated the FDCPA and the CFPA in the course of their collection activity. Further, the Agency is subject to a civil money penalty of $204,000 to be paid to the Bureau.
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