CFPB and FTC Report on 2017 Activities to Combat Illegal Debt Collection Practices

Federal Trade Commission press release -------- Today the Consumer Financial Protection Bureau (Bureau) and the Federal Trade Commission (FTC) reported on their 2017 activities to combat illegal debt collection practices. The annual report to Congress on the administration of the Fair Debt Collection Practices Act (FDCPA) details the agencies’ efforts to stop unlawful debt collection practices, including vigorous law enforcement, education and public outreach, and policy initiatives.“I appreciate the opportunity to work with Acting Chairman Ohlhausen and all our partners at the FTC,” Bureau Acting Director Mick Mulvaney said. “From now on, we will be working closely with the FTC to enforce the FDCPA while protecting the legal rights of all in a manner that is efficient, effective, and accountable.” To learn more click on the picture below to read the release.