Consent Order Compliance: Navigating The CFPB’s Unofficial “Rules” Governing Debt Collection
FDCPA Defense
MAY 21, 2016
The CFPB has entered into consent orders with major creditors, debt buyers and law firms during the past year relating to key areas of their collection practices. The orders are not formal “rules” from the CFPB, nor are they “binding” on anyone, other than those identified in the orders.
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