NAFCU Monday sent members a Final Regulation summary outlining what credit unions need to know about the CFPB’s final rule to amend Regulation F, which implements the Fair Debt Collection Practices Act (FDCPA). Finalized earlier this month, the rule heeded several concerns NAFCU had flagged for the bureau in its comments on the proposal.
NAFCU Details Impact of Debt Collection Rule on CUs – Credit Union Collections – NAFCU – CFPB – Fair Debt Collection Practices Act – FDCPA
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