Ensure Compliance with Regulation F Debt Collection Directives

bad debt collection for Regulation F Directives

Effective November 30, 2021, the Consumer Financial Protection Bureau (CFPB) enacted a new federal debt collection rule known as Regulation F. The recent legislation aligns with the Fair Debt Collection Practices Act (FDCPA), which addresses consumer rights while imposing certain requirements for active debt collectors. Regulation F consists of two distinct rules. First, the CFPB […]