AFSA - American Financial Services Association

12/13/2024 | News release | Distributed by Public on 12/13/2024 09:12

Seeking Debt Collection Clarity

Seeking Debt Collection Clarity

AFSA's State Government Affairs team submitted a comment letter to the New York Department of Consumer and Worker Protection. The department is attempting to promote fair debt collection practices and AFSA is seeking clarification of the proposed rules to ensure that they are aligned with state and federal requirements.

In a public hearing before the New York City Council, AFSA testified on Thursday, December 12th seeking further amendments to help avoid significant unintended consequences for consumers and financial institutions alike.

This and other SGA's letters can be found on the direct advocacy section of AFSA's website.

December 13th, 2024