Passage Of Debt Collection Bill Could Be A ‘Slippery Slope’ For Lenders
Collection Industry News
MAY 18, 2021
Despite objections from CUNA and NAFCU, the House of Representatives passed the Comprehensive Debt Collection Improvement Act on Thursday. 2547 was sponsored by House Financial Services Committee Chairwoman Rep. In the letter, Nussle stated, “Lenders rely on complete and accurate credit reports when underwriting loans.
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