CFPB UPDATES DEBT COLLECTION RULE FAQS

On July 27, 2022, the Consumer Financial Protection Bureau (CFPB)added 15 new questions and answers to its Debt Collector Rule FAQs. The expanded sections include:

  • Prohibitions on Third-Party Communications;
  • Electronic Communication;
  • Electronic Communication: Opt-out Notice; and
  • Unusual or Inconvenient Times or Places.