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CFPB may be set for debt collection rulemaking
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Nonbank Financial
Tuesday, July 19, 2016
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More than three years after issuing an advance notice of proposed rulemaking, the Consumer Financial Protection Bureau could be set to announce proposed rules governing the debt collection industry. The CFPB announced it will host a field hearing July 28 on debt collection. Read on for details of the hearing and what the bureau might be preparing to propose to regulate the industry.
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