In-Person Collection of Consumer Debt

CFPB Compliance Bulletin 2015-07 Compliance Bulletin 2015-07 warns creditors, debt buyers, and third-party collectors of potentially unlawful in-person debt collection practices.  The bulletin reminds the financial services industry of debt collection practices prohibited by the Dodd-Frank Act and the Fair Debt Collection Practices Act, including: Engaging in unfair, deceptive, or abusive acts or practices, Communicating with a consumer at any … Read More