Banking & Credit

CFA Applauds FCC Rule on Limiting Robocalls from Debt Collectors, Suggests Improvements

CFA has signed on to comments prepared by the National Consumer Law Center applauding the FCC’s proposed rule to implement a law enacted by Congress which allows robocalls to be made to consumers’ cell phones without their prior consent to collect debts owed to or backed by the United States government. Recognizing that robocalls are a significant intrusion into consumers’ lives, the FCC has sought to craft a balanced approach. While most of the provisions in the proposed rule are good, the comments suggest specific improvements in some areas.