Consumer Financial Protection Bureau Releases Report On 2019 Administration Of The Fair Dept Collection Practices Act; Announces Extension Of Comment Period

March 20, 2020

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The CFPB released it's annual report to Congress on the administration of the Fair Debt Collection Practices Act (FDCPA), highlighting continued efforts by the Bureau and the FTC to stop unlawful debt collection practices, including vigorous law enforcement, consumer education and public outreach, and policy initiatives, as well as extending the comment period on its Supplemental Notice of Proposed Rulemaking (SNPRM) implementing the Fair Debt Collection Practices Act (FDCPA) to June 5, 2020.

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