Description
Instructor
The CFPB's debt collection rules have a major impact on how and when consumers are contacted to pay-off debt. The consequences of not complying can have severe consequences for businesses.
This Course will discuss businesses and consumers rights under the new rules. The CFPB's debt collection rules change the way consumers are contacted when a debt is owed. The rules will include limits on the number of calls collectors can make on a weekly basis, address communications by email and text, and require new disclosures at the beginning of the collection process.