Debt Collections on Tenterhooks with Six and Sevens following CFPB’s Reg F
Fico Collections
SEPTEMBER 19, 2022
These rules require the debt collectors and recoveries staff to—if non-complaint—make significant changes on how and when they can communicate with debtors. Here are some highlights: The 7-in-7 rule: Regulation F stipulates that there may be no more than seven calls made by a debt collector to a consumer in a span of seven days.
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