To amend the Consumer Financial Protection Act of 2010 to require the Director of the Bureau of Consumer Financial Protection to issue a quarterly report on debt collection complaints and enforcement actions, and to prohibit rules that would allow a debt collector to send unlimited email and text messages to a consumer.
Monitoring and Curbing Abusive Debt Collection Practices Act
This bill prohibits the Consumer Financial Protection Bureau (CFPB) from issuing rules that allow a debt collector to send unlimited electronic communications to a consumer. Additionally, the CFPB must report on consumer complaints about debt collection and enforcement actions taken against debt collectors.
Placed on the Union Calendar, Calendar No. 337.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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