Opinion: How the CFPB Should Handle Collection Agencies

Published on:
21 February 2012 at 06:26 a.m. ET

Written by: Mike Bevel –

http://www.insidearm.com/news/00002563-opinion-how-the-cfpb-should-handle-collec/

Justine Rivero, contributing to the Forbes.com blog Money Wise Women, has some thoughts about how the CFPB should handle collection agencies. Good for her!

Here are her bullet points; read the article for how she shows her work:

1) Give consumers, not debt collectors, more rights.

2) More transparent credit scoring models and fee structures.

3) Disputing credit errors should be easier.

4) Compliance review of debt collection agencies.

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