CFPB extends debt collection comment deadline to Sept. 18

The Consumer Financial Protection Bureau (CFPB) has extended the comment period for its proposal on debt collection to Sept. 18, past the original deadline of Aug. 19. According to the CFPB, this will allow “interested persons more time to consider and submit their comments.”

The CFPB issued proposed amendments to Regulation F (which implements the Fair Debt Collection Practices Act) to prescribe federal rules governing the activities of “debt collectors” as defined in the statute.

 

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