UNDERSTANDING THE NEW CFPB DEBT COLLECTIONS RULE PROPOSAL & POTENTIAL STEPS TO KEEP YOUR CU BOTH COMPLIANT & COLLECTING WHEN IT BECOMES FINAL
AUGUST 14, 2019
The CFPB issued its long awaited debt collections rule proposal in May 2019. And the ramifications of failure to understand its provisions and nuances can cause problems for credit unions with both CFPB and NCUA. Still, credit unions must be able to collect its legitimate and legal debts.
Compliance is essential. But equally essential for credit unions is the ability to collect delinquencies and recover charge-offs. How to balance this tight rope act is the subject of this timely and important free webinar sponsored by Dollar Associates – a full-service credit union consulting firm headquartered in Birmingham, Alabama.
Joining the Dollar team for this webinar will be the highly respected and industry recognized experts from CU Revest out of San Diego, California. Few, if any, third party collections firm knows the CFPB rules better than this CUSO which specializes in compliant and member-centric collections support specifically for credit unions.
Make sure your collections leadership, compliance team and responsible senior executive staff sign up today for this no-cost webinar.