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Tag Archives: CFPB

Nearly 500 More Anti-Rule Comments Filed By Consumers

As the deadline to submit comments about the Consumer Financial Protection Bureau’s proposed debt collection rule inches closer, a new crop of comments have been published that oppose the provisions proposed by the CFPB, more than likely stemming from the efforts of a consumer advocacy group. More than 450 identical …

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CFPB Fines Collector $236k For Violating FDCPA

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The Consumer Financial Protection Bureau yesterday announced a settlement with a debt collector regarding alleged violations of the Fair Debt Collection Practices Act, which will require the collector to pay $236,800 in fines and restitution. A copy of the consent order between the CFPB and Financial Credit Service, Inc., which …

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Compliance Digest – August 26

Every week, AccountsRecovery.net brings you the most important news in the industry. But, with compliance-related articles, context is king. That’s why the brightest and most knowledgable compliance experts are sought to offer their perspectives and insights into the most important news of the day. Read on to hear what the …

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Summarizing New Comments From Consumer Groups, Union Over Proposed Rule

A handful of consumer advocacy groups and unions filed their comments criticizing the Consumer Financial Protection Bureau’s proposed debt collection rule yesterday, and one hand-written note from a consumer illustrated how advocacy groups are raising awareness to get consumers to file comments opposing the proposed rule. The Service Employees International …

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