CFPB to Oversee Debt Collectors

CFPB Report Highlights 'Aggressive,' 'Illegal' Medical and Rental ...

The CFPB notes that attempts to collect such debts may violate the Fair Debt Collection Practices Act (FDCPA), Regulation F, and the Consumer ...

Consumer Financial Protection Bureau (CFPB) | USAGov

It supervises banks, lenders, and large non-bank entities, such as credit reporting agencies and debt collection companies. The Bureau also works to make credit ...

Defining Larger Participants of the Consumer Debt Collection Market

The Bureau of Consumer Financial Protection (Bureau) amends the regulation defining larger participants of certain consumer financial product and service ...

Debt collectors and debt buyers obtain temporary reprieve from ...

Also, the CFPB will soon be finalizing a rule which will enable it to supervise non-banks (regardless of size), including debt collectors and ...

CFPB Issues Final Debt Collection Larger Participant Rule - Casetext

The CFPB issued the final rule under Section 1024 of the Dodd-Frank Act, which authorizes the CFPB to supervise nonbank covered persons in the ...

In rebuke of CFPB, states look to get tough on debt collectors | ABI

In another sign of state officials trying to outdo the Consumer Financial Protection Bureau, governors in California and New York want greater authority to ...

Debt Collection Practices (Regulation F) - Federal Register

The Bureau of Consumer Financial Protection (Bureau) is issuing this final rule to revise Regulation F, which implements the Fair Debt ...

CFPB To Begin Oversight of Debit Collectors - Martin & Jones, PLLC

Debt collection agencies will come under federal review for the first time beginning January 2, 2013, when the Consumer Financial Protection ...

CFPB To Oversee Debt Collectors, and Debt Collection Attorneys

On October 24, 2012, the CFPB announced that, beginning January 2, 2013, certain debt collection agencies and debt collection firms will ...

Cross-Servicing: Private Collection Agencies - Fiscal.Treasury.gov

PCAs must comply with all applicable federal, state, and local laws, including but not limited to the Fair Debt Collection Practices Act, the ...

Consumer Financial Protection Bureau proposes rule to supervise ...

The Consumer Financial Protection Bureau (CFPB) today announced a proposed rule to include debt collectors and consumer reporting agencies under its nonbank ...

Glossary-of-Common-Debt-Collection-Terms - NYC.gov

The process of seeking money claimed to be owed. Debt collectors must obey federal, State, and New York City laws and rules about what they can and cannot do in ...

A Paradigm Shift in Consumer Collections: How the CFPB's Final ...

A Paradigm Shift in Consumer Collections: How the CFPB's Final Rule is Certain to Affect Creditors and Debt Collectors · The Fair Debt Collection ...

CFPB to oversee debt collectors, and debt collection attorneys

On October 24, 2012, the CFPB announced that, beginning January 2, 2013, certain debt collection agencies and debt collection firms will ...

CFPB Proposes "Larger Participant" Rule to Supervise Consumer ...

This initial rulemaking proposes to bring two markets under the CFPB's supervision: consumer reporting and consumer debt collection.

CFPB Announces Rule for Overseeing Largest Players in Debt ...

The Consumer Financial Protection Bureau (CFPB) has announced that it is adding the largest entities in the debt collection industry - those with $10 ...

CFPB Blog: Debt collectors who attempt to collect on spouse's ...

The CFPB said that its recent proposal to ban medical bills from credit reports would help ensure that debt collectors cannot use credit reports ...

Prohibition on Creditors and Consumer Reporting Agencies ...

Despite the protections offered by these rules, CFPB investigations indicate that some medical debt collectors may still be attempting to ...

CFPB Report Is A Warning To Consumer Debt Collectors

It is clear moving forward that the agency intends to monitor debt collectors and nonbank entities subject to CFPB supervision closely, and ...

CFPB Bites of the Month - 2023 Annual Review - Debt Collection

The CFPB took aggressive action in 2023 to curb medical debt collection practices and to ensure that medical debt collectors are collecting on ...