The Consumer Financial Protection Bureau (CFPB) issued a notice of proposed rulemaking (NPRM) to implement the Fair Debt Collection Practices Act (FDCPA) on Tuesday, proposing regulations on communications between debt collectors and consumers, as well as technology and disclosures.
The NPRM’s release came a day before Director Kathy Kraninger’s scheduled town hall to discuss the bureau’s plans for re-engaging in debt collection rulemaking.
Find out what the bureau is proposing and what is missing from its previous proposals.