AFSA Attends CFPB Advisory Committee Meeting

AFSA attended and participated in the Consumer Financial Protection Bureau (CFPB) Consumer Advisory Board meetings held June 5th and 6th in Washington.  The focus of the meeting was on broad policy matters related to the Bureau’s Unified Regulatory Agenda and general scope of authority. Sessions included information exchange on trends I the consumer reporting marketplace and discussion of the 2018 Consumer Response Annual Report, among many other topics.

Of particular interest to AFSA members was the Combined Advisory Committee Roundtable discussion on the Notice of Proposed Rulemaking (NPRM) on debt collection. John McNamara, Assistant Director, Consumer Lending, Reporting and Collections Markets and Kristin McPartland, Counsel, Office of Regulations, both from the CFPB, presented. Director Kraninger also spoke.

A compilation of the presentations are available here.