Public Comments Open on CFPB Proposed Rule: How You Can Participate
There are several ways to file comments on the proposal at this important time for the accounts receivable management industry.
5/24/2019 9:30 AM
The Consumer Financial Protection Bureau published its proposed rule on the Fair Debt Collection Practices Act in the Federal Register on May 21, 2019, meaning public comments are due by Monday, August 19, 2019.
Here is how you can file comments:
- Federal eRulemaking Portal: http://www.regulations.gov. Follow the instructions for submitting comments.
- Email: 2019-NPRM-DebtCollection@cfpb.gov. Include Docket No. CFPB-2019-0022 or RIN 3170-AA41 in the subject line of the email.
- Mail: Comment Intake—Debt Collection, Bureau of Consumer Financial Protection, 1700 G Street NW, Washington, DC 20552.
- Hand Delivery/Courier: Comment Intake—Debt Collection, Bureau of Consumer Financial Protection, 1700 G Street NW, Washington, DC 20552.
Make sure to include Docket No. CFPB-2019-0022 or RIN 3170-AA41 on your comments.
Members are encouraged to review the proposed rule (text of rule starting on page 447). ACA will continue to work closely with the CFPB to advocate on behalf of the accounts receivable management industry and to ensure that the final rule will be beneficial for the debt collection industry and consumers alike.
ACA International also has many resources available for members including background on the rulemaking process to date, a copy of the proposed rule and Federal Register notice and more on the CFPB Resource Center. Visit the Advocacy Resource Center for more helpful information, including the Advocacy Booklet circulated at the Washington Insights Fly-In.
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