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The conference, occurring February 3–6, 2020, brings together key participants in the receivables management industry, including debtbuying companies, collectionagencies, collection law firms, brokers, originating creditors, and affiliates.
On October 3, the Consumer Bankers Association sent a letter to Rohit Chopra, the CFPB Director, in which it urged the CFPB to adopt a larger participant rule for fintech consumer lenders. These FAQs are a Compliance Aid designed to help collectionagencies comply with Reg F, which goes into effect on November 30, 2021.
On September 30, the CFPB published Data Point Report: Subprime Auto Loan Outcomes by Lender Type , examining interest rate and default risk trends across different types of subprime auto lenders.
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