CFPB: Debt Collection Rulemaking and Regulation F
Information Related to the CFPB’s Rulemaking on Debt Collection
The Consumer Financial Protection Bureau (CFPB) is charged with making markets for consumer financial products and services work in a fair, transparent, and competitive manner.
In 2020, the CFPB issued Regulation F. The release of this rule signals the biggest development in the accounts receivable management (ARM) industry since passage of the Fair Debt Collection Practices Act (FDCPA) more than 40 years ago. It is effective Nov. 30, 2021.
Reg F Resource Center
Become a Reg F nerd like us: read the text of the rule, including critical CFPB interpretations; dive into articles breaking down the rule; listen to replays of ACA’s members-only Reg F Huddle series; purchase our Reg F learning management tool, ACA How; and more.
2019-2021 Proposed Debt Collection Rulemaking Advocacy
- Proposed rule with request for public comment (May 7, 2019)
- Federal Register Notice (May 21, 2019)
- ACA Comments (Sept. 17, 2019)
- Testimony Before House Financial Services Committee: Sarah Auchterlonie, shareholder, Brownstein Hyatt Farber Schreck
- Testimony Before House Financial Services Committee: John Bedard, Owner, Bedard Law Group P.C.
- Hearing Examining Legislation to Protect Consumers and Small Business Owners From Abusive Debt Collection Practices (Sept. 26, 2019)
- Proposal on Time-Barred Debt (January 2020)
- Comments on Time-Barred Debt (May 2020)
- SBA Office of Advocacy Comment Letters Filed for Both Parts of the Rule
ANPRM Materials
- ACA’s Comments to the Debt Collection ANPR (Feb. 27, 2014)
- Advance Notice of Proposed Rulemaking on Debt Collection (Nov. 12, 2013)
- News Release Announcing Debt Collection ANPR (Nov. 6, 2013)
SBREFA Materials
- Outline of Debt Collection Proposals under Consideration (July 28, 2016)
- News Release, Debt Collection Field Hearing (July 28, 2016)
- Director Cordray’s Prepared Remarks, Debt Collection Field Hearing (July 28, 2016)
- Summary of the CFPB’s Outline of Proposals Under Consideration for Debt Collection Rulemaking (July 28, 2016)