The most frequent consumer debt collection complaints filed with the CFPB in 2023 were attempts to collect debts that actually were not owed, the bureau said in its annual Fair Debt Collection ...

On September 5, the FTC published a letter to the CFPB on the Commission’s annual summary of debt collection activities in 2023. Addressed to CFPB Director Rohit Chopra, the report aimed to assist the ...

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On October 1, 2024, the Consumer Financial Protection Bureau (CFPB) issued an advisory opinion titled Debt Collection Practices (Regulation F); Deceptive and Unfair Collection of Medical Debt. The ...

* When it comes to consumer concerns, debt collection remains the top complaint most often reported to the Consumer Financial Protection Bureau (CFPB). Two newly-released CFPB reports reveal which ...

For years, the Consumer Financial Protection Bureau (CFPB) has worked to protect consumers from deceptive and unfair practices, including companies that break the law. That includes defending ...

The Consumer Financial Protection Bureau (CFPB) is on a mission to protect consumers from illegal medical debt collection practices. It issued advisories in October identifying illegal practices and ...

The CFPB’s role in enforcing consumer protections may diminish as the federal agency undergoes changes and possible elimination. Consumers can still report issues to the FTC, OCC and state attorneys ...