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Consumers Want Action on Illegal Debt Collection

Thursday, July 28, 2016
Charlene Crowell | The Washington Informer
Charlene Crowell
Graciela Aponte-Diaz

If you are one of the 77 million Americans who are hounded each year by debt collectors, the Consumer Financial Protection Bureau (CFPB) is taking on this $13 billion industry. At a July 28 field hearing in Sacramento, Richard Cordray, CFPB director, announced the Bureau's intent to rein in illegal practices that harass and rob consumers.