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Financial Services Law Insights and Observations

CFPB extends debt collection comment period

Agency Rule-Making & Guidance CFPB Debt Collection Federal Register

Agency Rule-Making & Guidance

On August 2, the CFPB announced that it is extending the comment period on its Notice of Proposed Rulemaking implementing the FDCPA to “facilitate the ability of commenters to consider the issues raised in the NPRM, gather data, and prepare their responses.” The comment period now closes on September 18.

Detailed InfoBytes coverage on the CFPB’s debt collection proposal is available here.

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