CFPB New Years Resolution to Go After Creditors
The CFPB made a New Years Resolution in 2016 to crack down on debt collectors nationwide. The agency has been using the Fair Debt Collection Practices Act (“FDCPA”) in years past in its mission to target third-party debt collectors for mistreating consumer debtors during the collection process. But this year, the CFPB plans to also focus its effort on first-party…