Debt Collection Rule Will Take Effect November 30
No Delay on Debt Collection Rule – The Bureau withdrew its proposal to delay the effective date until January 2022. The rules will take effect November 30, 2021. (Published September 1, 2021)
Small Business Lending Data Collection – The CFPB issued a proposed rule on the collection of small business lending data which would require annual reporting by covered lenders. (Published September 1, 2021)
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