An Update on Debt Collection Related Activities From the CFPB – K. (Gandhi) Eswaramoorthy

Hear directly from the K. (Gandhi) Eswaramoorthy of the CFPB after the 90-day comment period ends on August 19 about the Proposed Rulemaking to update the 42-year-old FDCPA. The new debt collection rules become law one year later so leaders in collections will implement technology to comply with the new rules. As the CFPB limits phone call frequency, social media contact and workplace emails, it also brings email, text and voicemail into the 21st century.