Thank you for your comment muscogulus and welcome to RegulationRoom. When adopting new rules, CFPB is very interested in balancing costs and benefits. Do you think what you have proposed might burden debt collectors with significant costs that can pass down to consumers? Would an alternative, like providing the hospital name, or other information that makes it easier for collectors to produce, be acceptable?
Moderator
1
Thank you for your comment muscogulus and welcome to RegulationRoom. When adopting new rules, CFPB is very interested in balancing costs and benefits. Do you think what you have proposed might burden debt collectors with significant costs that can pass down to consumers? Would an alternative, like providing the hospital name, or other information that makes it easier for collectors to produce, be acceptable?
View this comment in the discussion thread