Consumer Financial Protection Bureau

CFA Joins Over 200 Groups in Calling for Major Consumer Protections to be Added to The CFPB’s Proposed Debt Collection Rule

CFA joined with 232 national, state, and local groups to call for needed changes and improvements to the Consumer Financial Protection Bureau’s proposed rule on debt collection. Among other changes, the Bureau should further limit the number of calls that debt collectors can make to consumers per week, require consent before sending text messages or emails, and prohibit the collection of time-barred or “zombie” debt.

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