A Modernization of Debt Collection for the Digital Age – Final Rule of the CFPB

A Modernization of Debt Collection for the Digital Age - Final Rule of the CFPB

Every day, people send over 105 billion emails and 23 billion texts. Despite this, debt collection laws have remained silent on the issue of electronic communications. CFPB released updates to the Fair Debt Collection Practices Act (FDCPA) for the first time since the law was passed over 40 years ago. As part of the 653-page […]