Debt collectors are now allowed to contact Americans on social media and by text message, according to new rules enacted by a US agency this week.
Critics say the messages could be lost online or lead to invasions of privacy and a proliferation of new scams.The change, which was approved by the CFPB last year under the Trump administration, requires creditors to contact defaulters privately - meaning they can send direct messages but not post on your public-facing page.
Lenders had argued that the change was needed, given that the Fair Debt Collection Practices Act, which regulates the industry, became law in 1977 - long before the creation of social media and cell phone texts. Debt collectors are also limited from contacting any consumer by phone within one week of speaking to them about a specific debt.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US Supreme Court hears landmark abortion caseThe court's eventual ruling may cut off abortion access for tens of millions of American women. Why? Nothing has changed except, the appointment of 3 more Conservative Judges... The fact that Trump Campaigned on this same issue of appointing them for this issue should have it dismissed and tossed forever! At The present rate of sperm decline by 2050 western men will be sterile, evolutions response to abortions, daises have learnt to flower under lawnmower height.
Source: BBCNews - 🏆 3. / 97 Read more »
Has racist propaganda cost us our humanity? | LettersLetters: The government’s relentless campaign to demonise refugees arriving on our shores has led some to shrug off Channel crossing deaths, writes Jenny Sutton. Plus letters from Peter Pusey, Rowena Dawson and Jennifer Basannavar En Europa solo son bienvenidas las personas que se sienten atraídas por el mismo sexo o los que vienen acompañados de sus perros.😂😂 Yes Is it easy to sit in your ivory tower and look down on the little people?
Source: The Guardian - 🏆 84. / 53 Read more »
The urinary leash: how the death of public toilets traps and trammels us allBritain has lost an estimated 50% of its public toilets in the past 10 years. This is a problem for everyone, and for some it is so acute that they are either dehydrating before going out or not leaving home at all
Source: Lifestyle - 🏆 131. / 51 Read more »
Trump bristles as Nigel Farage says he’s ‘disappeared’ outside of US‘Since the beginning of this year, outside the United States, he’s virtually disappeared,’ former UKIP leader says of ex-president, who appears irritated
Source: The Independent - 🏆 80. / 59 Read more »
US and Russia no closer to breakthrough on Ukraine after talksDiscussions in Stockholm are highest-profile negotiations since Putin and Biden met in June . If you dispel greed from your mind and allow sense of reason to prevail,then such antagonistic discussions will not surface anywhere.
Source: The Guardian - 🏆 84. / 53 Read more »
US reportedly reaches deal to restart Trump-era ‘Remain in Mexico’ policyBiden called the policy inhumane after Trump administration used it to return over 60,000 asylum seekers across the border Did they get Mexico's consent? I wonder why Biden’s approval ratings are so low. Gee I wonder
Source: The Guardian - 🏆 84. / 53 Read more »