New Rules Implemented by The Consumer Financial Protection Bureau (CFPB) Clarify the Way Debt Collectors May Deal with Consumers
Bottom line: You are protected from harassments even more now
(Last Updated On: January 21, 2022)
The Fair Debt Collection Practices Act (FDCPA) was enacted in 1977 to curb the abusive practices of debt collectors. The law has been used in court many times and has had many interpretations over time.
The CFPB has been charged with enforcing the law and guiding debt collectors and consumers with regard to the Fair Credit Reporting Act (FCRA) and the FDCPA. Two new final rules clarifying these practices were recently issued by the CFPB in regards to the way debt collectors must deal with consumers.
Rule issued on Oct 30, 2020
This rule clarifies how debt collectors can use email, text messages, social media, and other contemporary methods to communicate with consumers. The rule will allow consumers, if they prefer, to limit the ability of debt collectors to communicate with them through these newer communication methods.
- Debt collectors will be presumed to violate federal law if the debt collector places telephone calls to a particular person in connection with the collection of a particular debt more than seven times within seven consecutive days or within seven consecutive days of having had a telephone conversation with that person about the debt.
- Consumers must have the option to unsubscribe from receiving text messages and emails from debt collectors or otherwise limit ways debt collectors contact them. It also clarifies the use of voicemails and other messages left by debt collectors.
- A debt collector is prohibited from communicating or attempting to communicate with a person, in connection with the collection of a debt, through a social media platform if the communication or attempt to communicate is viewable by the general public or the person’s social media contacts.
- A debt collector is prohibited from selling, transferring for consideration, or placing for collection a debt if the debt collector knows or should know that the debt has been paid or settled or discharged in bankruptcy.
- Link to the text of the final rule.
- The Final Rule will become effective one year after publication in the Federal Register, November 30, 2021.
Rule issued on December 18, 2020
This rule covers initial communication with the consumer, prohibits collection activities for time-barred debts and prohibits debt collection activities on accounts held by deceased persons. Specifically, the final rule prohibits a debt collector from:
- Suing or threatening to sue a consumer to collect time-barred debt.
- Prohibits a debt collector from furnishing information about a debt to a consumer reporting agency before engaging in specific outreach to the consumer about the debt.
- Addresses certain other disclosure-focused provisions, such as clarifying how a debt collector may respond to a consumer’s request for original-creditor information if the original creditor is the same as the current creditor. Here is an example of the new letter which must be sent by collection agencies.
- Additionally, the final rule interprets the definition of consumer under the FDCPA to include deceased natural persons and, relatedly, provides that, if a debt collector knows or should know that the a consumer is deceased, and the debt collector has not previously provided the validation information to the deceased consumer, the debt collector must provide that information to a person who is authorized to act on behalf of the deceased consumer’s estate.
- Link to the new final rule.
Are the New Rules Legally Enforceable?
The actual text of the FDCPA has not changed since 2010,but interpretations of the law are ever-evolving. The CFPB is issuing these final rules primarily pursuant to its authority under the FDCPA and the Dodd-Frank Act.
As amended by the Dodd-Frank Act in 2010, FDCPA section 814(d) provides 18 that the Bureau “may prescribe rules with respect to the collection of debts by debt collectors,” as defined in the FDCPA.
43 Section 1022(a) of the Dodd-Frank Act provides that “[t]he Bureau is authorized to exercise its authorities under Federal consumer financial law to administer, enforce, and otherwise implement the provisions of Federal consumer financial law.”
The CFPB enforces the law by filing lawsuits against those debt collectors who have violated provisions of the FDCPA. It uses final rules to provide legal interpretation of those violations. To learn more about the process of rule development, go to the CFPB website.
Related keywords to this post:
100% Legal Tradelines, CPN Number, SCN Number, CPN, SCN, Credit Repair, Credit Card, New Credit Profile, FICO Score, Credit Score, ShapeMyCredit, CPN Services, SCN Services, CPN Supply, SCN Supply, CPN Application, SCN Application, Buy or Sell Tradelines,
how to get a cpn number for free,
credit profile number free,
credit privacy number application,
how to obtain a cpn number,
secondary credit profile number,
credit profile number legal,
what is a credit profile number,
Learn how to make a CPN that works How to Instructional Video,
How to Get Credit Cards Without Your Social Security Number,
How to increase your credit score by 100 points,
cpn tradelines,
cpn number tradelines,
how to get a free cpn number,
cpn numbers for free,
cpn numbers for sale,
Tradelines, CPN Number, SCN Number, CPN, SCN, Credit Repair, Credit Card, New Profile, New Credit Profile, FICO, FICO Score, Credit Score, ShapeMyCredit, CPN Services, SCN Services, CPN Supply, SCN Supply, CPN Application, SCN Application, Credit Fix, secondary credit number, scn, new credit history,credit history,credit repair,credit report,good credit,history,new credit,new credit history,scn,secondary credit number, credit repair, bad credit, fix my credit, fix bad credit, repair credit, free credit repair, repair bad credit, credit report repair, credit repair letter, credit repair company, credit repair software, credit repair agency, credit repair kit, credit repair service, do it yourself credit repair, sample letter repair credit, national credit repair, credit repair attorney, credit repair free letter, credit repair after bankruptcy, bankruptcy credit repair, credit repair book, credit repair services, credit repair canada, credit repair forum, legal credit repair, repair your credit rating, online credit repair, consumer credit repair, credit repair program, repair credit score, free credit repair kit, credit repair form, credit repair lawyer, credit repair tip, credit card repair, credit repair loan, credit free letter repair sample, credit repair information, credit repair business, credit repair scams, credit history repair, icr credit repair, credit repair law, repair credit help, bad credit mortgage repair, free credit repair information, credit repair texas, free credit repair software, credit repair ebook, bad credit free repair, credit repair law firm, credit repair secret, credit repair lead, credit repair manual, credit repair guide, bad credit report repair, canadian credit repair, free report on how to repair your credit, credit repair self help, california credit repair, free credit repair secret, credit repair organization act, self credit repair, credit repair info, instant credit repair, credit repair yourself, credit repair uk, credit repair business opportunity, free credit repair help, credit file repair, free credit repair form, illegal credit repair, non profit credit repair, credit repair fast, free credit repair info, best credit repair, credit repair counselor, mortgage credit repair, legal and free credit repair, tip information credit repair, clean credit repair, start a credit repair business, credit repair fraud, free credit repair tip, repair credit report score, free credit repair advice, steps for credit repair, credit ez made repair, repair your own credit, lexington credit repair, cd credit free repair, credit repair strategy, repair your credit rating attorney, credit discussion group repair, credit card for credit repair, consumer credit repair service, free credit repair services, credit repair clinic, credit free repair tool, debt consolidation and credit repair, credit legally repair, international credit repair, credit repair testimonials, credit attorney, credit report, clearing bad driving record, new credit dmv, bad credit mortgage home loans, new credit files, perfect credit, bad credit computer, credit check, credit clearing, create new credit line, fixing credit, credit info, erase drive record, cleaning bad credit, clean dmv, create new credit file, checksystems, update credit report, instant credit, erase dwi, create credit file, personal loans, second identity, bad credit help, credit restoration, debt remove, free money, create new credit profile, bad credit loans, aaa, credit, file, slate, repair, overnight, cyberspace, bad, improve, dmv, dui, fbi, mib, hospital bills, erase, computer, money, chargecards, cards, fidonets, mastercharge, visa, venture capital, loans brokers, mortgages, search engines, yellow pages, what’s new, debt counseling, realtors, training, promotions, hotels, motels, computers, other, social, equipment, boats, yachts, furniture, tours, trades, gifts, online, free, motorcycles, consumers, internet, legal, reference, news, shopping, malls, unpaid, marketing, ezines, banks, insurance, organizations, associations, retail stores, schools, cyberbillboards, all sites, www, mental health, cyber, men, women, debt, directories, retailers, books, information, submit url, announcements, education, usenet, communities, african americans, hispanics, commercial, personal, newsletters, privacy, economy, opportunities, mail-order, employment, advertising, instruction, miscellanous, newsstands, networks, deskop publishing, media, newswires, companies, american, express, diners, club, discover, buy, purchase, lease, rent, cash, cars, houses, world wide web, on-line, services, lawyers, businesses, instantly, workers, unskilled, unsophisticated, uneducated, wealthy, successful, dreams, international, literature, investments, resources, general, confidence, respect, male, female, happiness, new credit file legally new credit file overnight new credit file number new credit file
—–
how to get a cpn number for free
credit profile number free
credit privacy number application
how to obtain a cpn number
secondary credit profile number
credit profile number legal
what is a credit profile number
Learn how to make a CPN that works How to Instructional Video
How to Get Credit Cards Without Your Social Security Number
How to increase your credit score by 100 points
3 Credit Cards that WON’T Deny You (Instant Approval)
#CreditScoreHacks #CreditScoreRise #CreditSecrets #self
#PersonalFinance #BetterCredit #FixCreditScore #ImproveCredit #CPN
cpn tradelines
cpn number tradelines
how to get a free cpn number
cpn numbers for free
cpn numbers for sale
Tradelines, CPN Number, SCN Number, CPN, SCN, Credit Repair, Credit Card, New Profile, New Credit Profile, FICO, FICO Score, Credit Score, ShapeMyCredit, CPN Services, SCN Services, CPN Supply, SCN Supply, CPN Application, SCN Application, Credit Fix, secondary credit number, scn, new credit history,credit history,credit repair,credit report,good credit,history,new credit,new credit history,scn,secondary credit number, credit repair, bad credit, fix my credit, fix bad credit, repair credit, free credit repair, repair bad credit, credit report repair, credit repair letter, credit repair company, credit repair software, credit repair agency, credit repair kit, credit repair service, do it yourself credit repair, sample letter repair credit, national credit repair, credit repair attorney, credit repair free letter, credit repair after bankruptcy, bankruptcy credit repair, credit repair book, credit repair services, credit repair canada, credit repair forum, legal credit repair, repair your credit rating, online credit repair, consumer credit repair, credit repair program, repair credit score, free credit repair kit, credit repair form, credit repair lawyer, credit repair tip, credit card repair, credit repair loan, credit free letter repair sample, credit repair information, credit repair business, credit repair scams, credit history repair, icr credit repair, credit repair law, repair credit help, bad credit mortgage repair, free credit repair information, credit repair texas, free credit repair software, credit repair ebook, bad credit free repair, credit repair law firm, credit repair secret, credit repair lead, credit repair manual, credit repair guide, bad credit report repair, canadian credit repair, free report on how to repair your credit, credit repair self help, california credit repair, free credit repair secret, credit repair organization act, self credit repair, credit repair info, instant credit repair, credit repair yourself, credit repair uk, credit repair business opportunity, free credit repair help, credit file repair, free credit repair form, illegal credit repair, non profit credit repair, credit repair fast, free credit repair info, best credit repair, credit repair counselor, mortgage credit repair, legal and free credit repair, tip information credit repair, clean credit repair, start a credit repair business, credit repair fraud, free credit repair tip, repair credit report score, free credit repair advice, steps for credit repair, credit ez made repair, repair your own credit, lexington credit repair, cd credit free repair, credit repair strategy, repair your credit rating attorney, credit discussion group repair, credit card for credit repair, consumer credit repair service, free credit repair services, credit repair clinic, credit free repair tool, debt consolidation and credit repair, credit legally repair, international credit repair, credit repair testimonials, credit attorney, credit report, clearing bad driving record, new credit dmv, bad credit mortgage home loans, new credit files, perfect credit, bad credit computer, credit check, credit clearing, create new credit line, fixing credit, credit info, erase drive record, cleaning bad credit, clean dmv, create new credit file, checksystems, update credit report, instant credit, erase dwi, create credit file, personal loans, second identity, bad credit help, credit restoration, debt remove, free money, create new credit profile, bad credit loans, aaa, credit, file, slate, repair, overnight, cyberspace, bad, improve, dmv, dui, fbi, mib, hospital bills, erase, computer, money, chargecards, cards, fidonets, mastercharge, visa, venture capital, loans brokers, mortgages, search engines, yellow pages, what’s new, debt counseling, realtors, training, promotions, hotels, motels, computers, other, social, equipment, boats, yachts, furniture, tours, trades, gifts, online, free, motorcycles, consumers, internet, legal, reference, news, shopping, malls, unpaid, marketing, ezines, banks, insurance, organizations, associations, retail stores, schools, cyberbillboards, all sites, www, mental health, cyber, men, women, debt, directories, retailers, books, information, submit url, announcements, education, usenet, communities, african americans, hispanics, commercial, personal, newsletters, privacy, economy, opportunities, mail-order, employment, advertising, instruction, miscellanous, newsstands, networks, deskop publishing, media, newswires, companies, american, express, diners, club, discover, buy, purchase, lease, rent, cash, cars, houses, world wide web, on-line, services, lawyers, businesses, instantly, workers, unskilled, unsophisticated, uneducated, wealthy, successful, dreams, international, literature, investments, resources, general, confidence, respect, male, female, happiness, new credit file legally new credit file overnight new credit file number new credit file