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
More Stories
Auto Loan Fraud Losses Have Tripled, But the Number of Fraud Cases Is Falling
A Different Kind of Money Laundry
Federal Banking Agencies Issue New Guidance on Immigration-Related Credit Risk
18 Year Old Fraud Auto Loan “Credit Mule” Busted on Video
Lenders Continue Paying Millions to Settle TCPA Lawsuits as Decades-Old Telephone Law Collides with Modern Collections
Happy Birthday CUCollector! Seventeen Years… Where Did the Time Go?