FTC and CFPB issue annual report on activities to combat illegal debt collection

Today, the Federal Trade Commission and Consumer Financial Protection Bureau issued a joint report on their 2017 activities to combat illegal debt collection practices. The annual report to Congress on the administration of the Fair Debt Collection Practices Act details the agencies’ efforts to stop unlawful debt collection practices, including vigorous law enforcement, education and public outreach, and policy initiatives.

The report is here.

It will be interesting, next year, to compare the CFPB's report on work in 2017, under former Director Cordray, with its report on work in 2018, under acting Director Mulvaney. No one has yet been nominated to the director position.

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