What Banks and Credit Unions Need to Know: CFPB Enters into Debt Collection Consent Order
Consumer Financial Services Law
OCTOBER 13, 2016
The CFPB’s Consent Order with Navy Federal Credit Union (“NFCU”) should provide a wakeup call for all community banks and credit unions as to how they conduct their internal debt collection efforts. million to the CFPB. million to the CFPB.
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