CFPB Advocacy Center
Guidance for Your Advocacy Efforts
ACA advocates at the Consumer Financial Protection Bureau (CFPB) and with multiple stakeholders in pursuit of well-reasoned rules and requirements that provide clarity to both the accounts receivable management (ARM) industry and consumers about what is required. ACA provides extensive resources and certifications to its members using CFPB rules and resources as a major part of its training materials. ACA has also collaborated with the CFPB to provide financial literacy materials directly to consumers.
Below is a continually updated repository of CFPB-related materials.
Debt Collection Rulemaking
and Reg F
Information related to the CFPB’s rulemaking on debt collection.
ACA Comments
List of comments submitted by ACA in response to CFPB proposals.
Consumer Complaint Database
Materials related to the CFPB’s Consumer Complaint Database.
Helpful CFPB Resources
Links to additional resources related to the CFPB.
CFPB News
10 August 2022
CFPB Interpretive Rule Issued for Financial Firms’ Digital Marketers
The CFPB interpretive rule would subject digital marketers to the Consumer...
08 August 2022
NY State Department of Financial Services Issues Best Practices for Promoting Public Service Loan Forgiveness
A letter to federal student loan servicers includes best practices to ensure...
04 August 2022
Regulatory Recap: CFPB, Department of Justice Issue Reminders on Servicemember Protections; Bureau Releases Debt Collection FAQs
Read our recap of some of the CFPB’s enforcement actions and research reports...
04 August 2022
Lawmakers Seek Clarity on CFPB’s Rule to Expand States’ Enforcement Authority
In a letter to CFPB Director Rohit Chopra, GOP lawmakers on the House Financial...
03 August 2022
CFPB Issues Record Fine for Auto Servicer’s FCRA Violations
The enforcement action against Hyundai focused on reports that the company...
01 August 2022
ACA Continues Advocacy by Meeting with Lawmakers at Annual Events
House Financial Services Committee member reconnects with ACA’s advocacy...
29 July 2022
CFPB Report on ‘Potential Impacts’ of Medical Debt Credit Reporting Misses the Mark
The latest report from the bureau on medical debt credit reporting continues...
28 July 2022
CFPB Releases New Debt Collection FAQs on Electronic Communications
The debt collection FAQs include electronic communications and details...
27 July 2022
Push for CFPB to Implement Cost-Benefit Analysis Grows on Capitol Hill
Legislative proposals in the House and Senate this Congress call for the...
26 July 2022
ACA at the Forefront of Federal and State Advocacy
The best minds among federal and state industry advocates spoke on a panel...
26 July 2022
CFPB Extends RFI on Credit Card Fees and Late Payments
The CFPB has set its sights on credit card fees, particularly for late...
22 July 2022
The Wall Street Journal Publishes ACA’s Response to CFPB Medical Debt Credit Reporting Comments
In a letter to the editor, ACA CEO Scott Purcell addresses misinformation...
21 July 2022
Day One Learning at Convention: All About Best Practices, Regulations and Compliance Cycles
Many of ACA’s 25+ breakout sessions were held Thursday for attendees of...
19 July 2022
CFPB Regulations Cost-Benefit Analysis Proposal Introduced in Senate
The legislation in the 117th Congress, a companion bill to the House proposal,...
14 July 2022
CFPB’s Latest Interpretive Rules and Advisory Opinions Hit the Federal Register
Within a few weeks, the CFPB released and published several regulatory...
13 July 2022
Enhanced ACA SearchPoint at Your Fingertips
New search functions are available in our ACA SearchPoint document library...
12 July 2022
ACA and Industry Leaders Speak on Panel About Medical Debt Changes
Paul Miller of Miller Wenhold Capital Strategies, who does lobbying for...
11 July 2022
Thank You for Your Patience - Not Yet Available - ACA Huddle: CFPB Advisory Opinion Impact on the ARM Industry
ACA leaders will provide an overview of the CFPB’s recent advisory opinion...
07 July 2022
CFPB Issues Advisory Opinion on Credit Reporting and Permissible Purpose Under FCRA
The opinion outlines covered entities’ obligations to protect the public’s...
06 July 2022
Recording Available - ACA Huddle: Model Validation Notice – Round 2
John Bedard and Rozanne Andersen return to answer questions on the model...
06 July 2022
CFPB Accepting Applications for Advisory Committees
Stakeholders, including those with knowledge of debt collection, consumer...
05 July 2022
CFPB Skirts Stakeholder Input Again with Interpretive Rule on States’ Authority in Credit Reporting Markets
The “so-called” interpretive rule focuses on preemption of the FCRA by...
01 July 2022
ACA Responds to CFPB Advisory Opinion on Payment Transaction Fees
The opinion takes aim at common payment transaction fees, and ACA International...
30 June 2022
ACA International Responds to CFPB Advisory Opinion on Payment Transaction Fees
For Immediate Release Contact: Anne Rosso May Communications Director ACA...
29 June 2022
CFPB Issues Advisory Opinion on Debt Collectors’ Use of Payment Transaction Fees
The opinion takes aim at common payment transaction fees. ACA International...
29 June 2022
House Financial Services GOP Leaders Seek Clarity on CFPB Director’s Role with FDIC Power Struggle
A letter from the House Financial Services ranking member Patrick McHenry...
29 June 2022
Recording Available - ACA Huddle: Model Validation Notice – Your Questions Answered
John Bedard and Rozanne Andersen will cover the model validation notice....
28 June 2022
U.S. Chamber of Commerce Launches Multi-Pronged Campaign Against CFPB Director Rohit Chopra
The campaign—to “rein in” CFPB Director Rohit Chopra includes Freedom of...
28 June 2022
CFPB Turns to Credit Card Fees and Late Payments in Advanced Rulemaking Notice
The CFPB has set its sights on credit card fees, particularly for late...
23 June 2022
Member Update: Debt Collection Missing from CFPB’s Agenda as Bureau Focuses on Other Regulatory Approaches
The spring 2022 regulatory agenda includes lending and consumer data proposals...