View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML

CFPB RIN: 3170-AA41 Publication ID: Spring 2020 
Title: Debt Collection Rule 

In May 2019, the Bureau issued a Notice of Proposed Rulemaking (NPRM), which would prescribe rules under Regulation F to govern the activities of debt collectors, as that term is defined under the Fair Debt Collection Practices Act (FDCPA).  The Bureau's proposal would, among other things, address communications in connection with debt collection; interpret and apply prohibitions on harassment or abuse, false or misleading representations, and unfair practices in debt collection; and clarify requirements for certain consumer-facing debt collection disclosures.  The proposal builds on the Bureau’s research and pre-rulemaking activities regarding the debt collection market; the conduct of debt collectors remains a top source of complaints to the Bureau.  The Bureau expects to take final action in October 2020 with regard to the May 2019 NPRM.  The Bureau has also engaged in testing of time-barred debt disclosures that were not addressed in the May 2019 proposal.  In February 2020, after completing the testing, the Bureau issued a supplemental NPRM related to time-barred debt disclosures.

Agency: Consumer Financial Protection Bureau(CFPB)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
EO 13771 Designation: Independent agency 
CFR Citation: 12 CFR 1006   
Legal Authority: 15 U.S.C. 1692l(d)   
Legal Deadline:  None
Action Date FR Cite
ANPRM  11/12/2013  78 FR 67847   
ANPRM Comment Period Extended  01/14/2014  79 FR 2384   
ANPRM Comment Period End  02/10/2014 
ANPRM Comment Period Extended End  02/28/2014 
Pre-Rule Activity--SBREFA Outline  07/28/2016 
NPRM  05/21/2019  84 FR 23274   
NPRM Comment Period Extended  08/02/2019  84 FR 37806   
NPRM Comment Period End  08/19/2019 
NPRM Comment Period Extended End  09/18/2019 
Supplemental NPRM  03/03/2020  85 FR 12672   
Supplemental NPRM Comment Period Extended  03/27/2020  85 FR 17299   
Supplemental NPRM Comment Period Extended End  06/05/2020 
Final Rule  10/00/2020 
Regulatory Flexibility Analysis Required: Yes  Government Levels Affected: Undetermined 
Small Entities Affected: Businesses  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL:  
RIN Data Printed in the FR: Yes 
Agency Contact:
Kristin McPartland
Office of Regulations
Consumer Financial Protection Bureau
Washington, DC 20552
Phone:202 435-7700