Debt Collectors in Your DMs?

Consumer Bureau Rule Allows Debt Collectors to Use Social Media for Collection Communications

Andy Spears

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Who is that sliding into your DMs? It could be a debt collector, thanks to a rule implemented by the Consumer Financial Protection Bureau (CFPB) that went into effect this month. The rule was codified during the tenure of Trump Administration CFPB Director Kathy Kraninger.

NPR reports on the rule change:

The next time someone tries to friend you on Facebook or follow you on…

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Andy Spears

Writer and policy advocate living in Nashville, TN —Public Policy Ph.D. — writes on education policy, consumer affairs, and more . . .