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CFPB issues bulletin on pay-by-phone fees
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Consumer Protection
Wednesday, August 02, 2017
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The Consumer Financial Protection Bureau has issued a bulletin advising companies about potential violations of the Dodd-Frank Act’s prohibition against unfair, deceptive or abusive acts or practices and the Fair Debt Collection Practices Act when assessing pay-by-phone fees. Read on to learn how companies can avoid legal pitfalls.
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