Welcome to RegulationRoom Marian, and thank you for your detailed comment. As CFPB moves to the next stage (coming up with specific proposals for new rules), it will be carefully considering what you and other commenters say here.
Could you tell us more about why you think the solutions you proposed would be the best option? For example, you mentioned recorded messages could be used to harass consumers. However, some other commenters have said they dislike getting calls from collectors when no voicemail message is left. What do you think of those concerns?
Marion - I have not heard of anyone in the US being imprisoned for their debt. I have been in the business for 20 years and rest assured, while there are 'debt buyers', the majority of agencies are contingency based collections.
Moderator
1
Welcome to RegulationRoom Marian, and thank you for your detailed comment. As CFPB moves to the next stage (coming up with specific proposals for new rules), it will be carefully considering what you and other commenters say here. Could you tell us more about why you think the solutions you proposed would be the best option? For example, you mentioned recorded messages could be used to harass consumers. However, some other commenters have said they dislike getting calls from collectors when no voicemail message is left. What do you think of those concerns?
View this comment in the discussion thread
mslade
2
Marion - I have not heard of anyone in the US being imprisoned for their debt. I have been in the business for 20 years and rest assured, while there are 'debt buyers', the majority of agencies are contingency based collections.
View this comment in the discussion thread