Ensure Compliance with Regulation F Debt Collection 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…
New Debt Collection Practices (Regulation F) rules go into effect November 30, 2021
Read our market update & get the latest information on Debt Collection Practices (Regulation F) final rules.