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The AAHAM Legislative Currents are hosted here.  In order to read them, you will need to be logged in.

Friday, May 17, 2019

Alert from the Consumer Financial Protection Bureau on the Fair Debt Collection Practices Act

Attached is an alert from the Consumer Financial Protection Bureau about the new rule on the Fair Debt Collection Practices Act allowing email and text messages to be used to collect debts…and you have the ability to submit your comments! 

 

They will consider comments received before a final regulation is issued, so your input is vital.   

 

The proposed rule can be found at: https://files.consumerfinance.gov/f/documents/cfpb_debt-collection-NPRM.pdf

 

Follow the instructions for submitting comments at: http://www.regulations.gov.

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