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Home » CFPB proposes to extend start date of two debt-collection rules

CFPB proposes to extend start date of two debt-collection rules

Prolonged start date allows stakeholders more time to review and implement the rules

Anna JeffersonbyAnna Jefferson
April 7, 2021
in Compliance
Reading Time: 2 mins read
0
Consumer Financial Protection Bureau Headquarters Ahead Of House Financial Services Committee Hearing

Photographer: Andrew Harrer/Bloomberg

The Consumer Financial Protection Bureau issued a proposal to extend the effective date by 60 days for two rules under the Fair Debt Collection Practices Act (FDCPA) to give “affected parties more time to comply due to the ongoing COVID-19 pandemic,” according to a Wednesday release. This proposal would push the start date to Jan. […]

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Tags: Consumer Financial Protection BureauFair Debt Collection Practices ActFDCPAPremium
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