Tuesday, December 21, 2021

NEW RULES ON DEBT COLLECTION


The Consumer Financial Protection Bureau (CFPB) issued “rules” effective on November 30, 2021 that clarify and interpret the federal Fair Debt Collection Practices Act (FDCPA). Under these rules, a debt collector can contact you on social media, but they must follow certain rules and tell you how you can opt out of social media communications.

For more information, see Can a debt collector contact me through social media?

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