InsideARM: What Could Trump’s Presidency Mean for the Debt Collection Industry?

Here. Excerpt:

It will be interesting to see what Cordray attempts to accomplish between now and January 21, 2017. One thought is that he might try to focus on finalizing those rules that have already been out for public comment – payday and arbitration.

With the completion of the debt collection SBREFA hearing in August, debt collection rulemaking had finally entered the next phase. It now seems likely that the completion of this rulemaking will be overseen by a new regime, which may well be a positive outcome for the ARM industry.

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