CFPB to Oversee Debt Collectors

Debt collection | Consumer Financial Protection Bureau

We're the Consumer Financial Protection Bureau (CFPB), a U.S. government agency that makes sure banks, lenders, and other financial companies treat you fairly.

The Consumer Financial Protection Bureau (CFPB) published a rule today that will allow the agency to federally supervise the larger consumer debt collectors ...

consumer financial protection bureau to oversee debt collection ...

The Consumer Financial Protection Bureau (CFPB) published a rule today that will allow the agency to supervise the larger consumer debt collectors for the ...

Understand how the CFPB's Debt Collection Rule impacts you

In addition, on November 30, 2021, the CFPB's new Debt Collection Rule became effective. This rule clarifies how debt collectors can communicate ...

Debt Collection (FDCPA) - Consumer Financial Protection Bureau

Guides to how the Bureau will supervise and examine entities under its jurisdiction for compliance with Federal consumer financial law. See the Fair Debt ...

Debt collection know your rights

What should I do if a debt collector contacts me about a mortgage I thought was already satisfied or written off? What laws limit what debt collectors can say ...

CFPB Consumer Laws and Regulations FDCPA

authority to the CFPB to supervise for and enforce compliance with the FDCPA. ... Debt collectors that are not covered also include: • Officers or employees ...

Holding debt collectors responsible for false statements

The Consumer Financial Protection Bureau is the administrator and a primary enforcer of the Fair Debt Collection Practices Act. We are committed ...

Debt Collection Rule FAQs | Consumer Financial Protection Bureau

This is a Compliance Aid issued by the Consumer Financial Protection Bureau. The Bureau published a Policy Statement on Compliance Aids, available here, ...

What laws limit what debt collectors can say or do?

We're the Consumer Financial Protection Bureau (CFPB), a U.S. government agency that makes sure banks, lenders, and other financial companies ...

What should I do when a debt collector contacts me?

We're the Consumer Financial Protection Bureau (CFPB), a U.S. government agency that makes sure banks, lenders, and other financial companies ...

What information does a debt collector have to give me about a debt ...

We're the Consumer Financial Protection Bureau (CFPB), a U.S. government agency that makes sure banks, lenders, and other financial ...

CFPB Intensifies Scrutiny on Medical Debt Collection Practices

... (CFPB or Bureau) issued an advisory opinion aimed at debt collectors and emphasizing their. ... Consumer Financial Services Law Monitor logo ...

Debt Collection | Consumer Finance Monitor

The most frequent consumer debt collection complaints filed with the CFPB in 2023 were attempts to collect debts that actually were not owed, the bureau said in ...

CFPB To Oversee Debt Collectors Starting Jan. 2 | HuffPost Life

For the first time, a single federal government agency will oversee the debt collection industry starting next year, marking a monumental ...

Debt Collection | Federal Trade Commission

The FTC enforces the Fair Debt Collection Practices Act (FDCPA), which prohibits deceptive, unfair, and abusive debt collection practices.

CFPB Examination Procedures Debt Collection

Third-party collection agencies collect debt on behalf of originating creditors or other debt owners, often on a contingency fee basis. Debt buyers purchase ...

House Resolution Introduced to Disapprove the CFPB Advisory ...

As discussed here, the advisory opinion outlined what the CFPB considers to be the obligations of debt collectors under the Fair Debt Collection ...

CFPB Takes Aim at Double Billing and Inflated Charges in Medical ...

The CFPB today issued guidance to prevent families from being targeted by illegal medical debt collection tactics for inaccurate or ...

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 ...