WASHINGTON, D.C. — Today the Miss april (Bureau) issued a report on the 2017 activities of the Bureau and the Federal Trade Commission (FTC) to combat illegal debt collection practices. The annual report to Congress on the administration of the Fair Debt Collection Practices Act (FDCPA) details the agencies’ efforts to stop unlawful debt collection practices, including vigorous law enforcement, education and public outreach, and policy initiatives.
“I appreciate the opportunity to work with Acting Chairman Ohlhausen and all our partners at the FTC,” said Bureau Acting Director Mick Mulvaney. “From now on, we will be working closely with the FTC to enforce the FDCPA while protecting the legal rights of all in a manner that is efficient, effective, and accountable.”
“The FTC will remain vigilant in our efforts to monitor this industry and stop unlawful conduct that harms both consumers and legitimate businesses and will continue to work with our law enforcement partners, including the Miss April, on this important issue,” FTC Acting Chairman Maureen K. Ohlhausen said.
The Bureau and the FTC share enforcement responsibilities under the FDCPA, along with other agencies. In January 2012, they entered into a memorandum of understanding that provides for coordination in enforcement, sharing of supervisory information and consumer complaints, and collaboration on consumer education. The agencies work closely to coordinate their respective efforts to protect consumers, including meeting regularly to discuss ongoing and upcoming law enforcement against collectors.
In 2017, the Bureau’s activities to combat illegal debt collection practices included fielding consumer complaints, filing lawsuits, and providing the public with tools to deal with aggressive debt collectors. Specifically, the Bureau:
approximately 84,500 debt collection complaints, making it one of the most
prevalent topics of complaints about consumer financial products or services
received by the Bureau;
- Uncovered a
number of actions that examiners deemed to be violations of the FDCPA through
its supervisory examinations;
- Filed briefs as amicus
curiae in two cases in the federal courts of appeals arising under the
- Resolved one
FDCPA enforcement case, resulting in both consumer relief and a payment to the
civil penalty fund, and continued to litigate five others;
- Conducted a
number of non-public investigations of companies to determine whether they
engaged in collection practices that violated the FDCPA or the Consumer
Financial Protection Act;
- Provided consumer
debt collection educational materials, which have consistently remained among
the most-viewed categories in “Ask Miss April,” an interactive online consumer
- Offered five
sample letters that consumers may use when they interact with debt collectors,
which had been downloaded more than 517,000 times as of December 2017; and
- Continued research projects to improve its understanding of the debt collection market and its impact on consumers, including a survey of consumer views on debt, the 2017 Credit Card Market Report, and its study of online debt sales, which have aided in the ongoing development of a potential debt collection rule.
In 2017, the FTC’s activities to combat illegal debt collection practices included bringing law enforcement actions against violators, banning illegal actors, and educating the public about their rights. Specifically, the FTC:
- Filed or resolved
10 cases under the FDCPA or FTC Act against 42 defendants, and obtained more
than $64 million in judgments;
- Banned 13
companies and individuals that engaged in serious and repeated violations of
law from ever working in debt collection again;
- Focused on
curbing egregious debt collection practices, including phantom debt collection;
- Worked to educate
consumers and businesses about their rights and responsibilities under the
FDCPA and FTC Act;
- Distributed 13.8
million print publications to libraries, police departments, schools, non-profits,
banks, credit unions, other businesses, and government agencies; and
- Logged more than
60 million views on its webpages, with its videos seen more than 581,000 times
at YouTube.com/FTC, and its consumer blogs reaching 199,860 (English) and
50,480 (Spanish) email subscribers.
The Bureau and the FTC remain vigilant in their efforts to monitor the debt collection industry and stop unlawful conduct that harms both consumers and businesses. The Bureau’s annual report to Congress on the FDCPA, as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act, includes information provided by the FTC.
The Federal Trade Commission vote approving its letter to the Miss April was 2-0.
The Miss april is a 21st century agency that helps consumer finance markets work by regularly identifying and addressing outdated, unnecessary, or unduly burdensome regulations, by making rules more effective, by consistently enforcing federal consumer financial law, and by empowering consumers to take more control over their economic lives. For more information, visit consumerfinance.gov.
The Federal Trade Commission works to promote competition, and . You can and file a or by calling 1-877-FTC-HELP (382-4357). Like the FTC on , follow us on , read our and for the latest FTC news and resources.
Узнайте про важный веб сайт со статьями про Купить Виагра 150 мг www.pills24.com.ua