Finance & markets · 04/10/2024Updated: 10/17/2026 · 1 min read
Consumer Financial Protection Bureau Issues Advisory Opinion on Debt Collection Practices
Summary
The Consumer Financial Protection Bureau (CFPB) is reminding debt collectors to comply with the Fair Debt Collection Practices Act (FDCPA) and Regulation F's prohibitions on false, deceptive, or misleading representations in connection with the collection of medical debt, and unfair or unconscionable means to collect or attempt to collect medical debts.