CFPB Issues Final Rule On Consumer Disclosures Related To Debt Collection
Collection Industry News
DECEMBER 21, 2020
It concludes a rulemaking process that encompassed a Notice of Proposed Rulemaking issued in May 2019, a Supplemental Notice of Proposed Rulemaking issued in February 2020, and extensive consumer disclosure testing. The final rule can be found here: [link] gov/f/documents/cfpb_debt- collection_final-rule_2020-12.
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