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Debt collector CFPB rule will make things worse for Americans

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Valued Contributor

Debt collector CFPB rule will make things worse for Americans

Debt collector CFPB rule will make things worse for Americans

 

  • Many Americans have debt, but many Americans are also hounded for a debt they've already paid back.
  • Rules around debt collection have made it too easy for collectors to harass Americans and garnish their wages, even if they no longer owe the money.
  • New rules from the Consumer Financial Protection Bureau will do nothing to stop this maddening trend.

Fortunately, Americans can make their voices heard before the rule is implemented, but time is running out. The deadline to submit public comments to the CFPB is September 18.

















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Moderator

Re: Debt collector CFPB rule will make things worse for Americans

Theft from the people runs rampant everywhere in the world these days.
"If there's a lack of money in your life, understand that feeling worried, envious, jealous, disappointed, discouraged, doubtful or fearful about money can never bring more money to you, because those feelings come from a lack of gratitude for the money you have."

"Reactions are powerful creators because they contain every element needed to manifest—they're a combination of thought, belief, and feeling in action. Positive reactions create more positive things, and negative reactions create more negative things. If you can respond to negative situations calmly and lightly, instead of with emotional turbulence, what happens next in your life will be so much better."

- Rhonda Byrne

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