Tag Archives: Debt Collection Rule

Petition Submitted Urging CFPB to Rescind Debt Collection Rule

A petition has been submitted to the Consumer Financial Protection Bureau — allegedly signed by 177,000 people — urging the regulator to rescind Regulation F, its debt collection rule. The petition was submitted by Consumer Reports, the advocacy organization, as part of the comment process to the CFPB’s proposal to …

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RMAI Opposes Delay of Regulation F

RMA International sees no reason the effective date of Regulation F — the Consumer Financial Protection Bureau’s debt collection rule — needs to be delayed for 60 days as proposed by the regulatory, because its members will be ready to comply with the rule on November 30, as originally proposed. …

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Experts React to Regulation F Delay

Last week, the Consumer Financial Protection Bureau announced it was seeking to delay the enactment of Regulation F, the debt collection rule, for two months. The CFPB said it was seeking the delay to giver companies more time to comply because of the COVID-19 pandemic. AccountsRecovery.net reached out to legal …

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