FTC’s Former BCP Director Criticizes NPRM Hyperlinks Proposal as Exposing Consumers to Danger

On Friday, Wired published an opinion article by David Vladeck, the former director of the Federal Trade Commission’s (FTC) Bureau of Consumer Protection, criticizing the Consumer Financial Protection Bureau’s (CFPB) Notice of Proposed Rulemaking for debt collection (NPRM). Vladeck, currently a law professor at Georgetown and a board member with the National Consumer Law Center, specifically takes issue with the use of hyperlinks in electronic communications from debt collectors and the lack of contact frequency limits for electronic communications. 

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News and Opinion

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You Oughta Know, 26 August 2019

Welcome to You Oughta Know, a collection of links around the web that you should probably know about.

• How one woman persuaded the government to forgive $63,000 in student-loan debt she incurred 15 years ago. From the wacky and wild world of for-profit colleges. My favorite part is the caption to the photo. (MarketWatch)
  
• Elizabeth Warren calls student loan appointment ‘an outrageous slap in the face.' "The presidential hopeful sent letters to the CFPB Director Kathy Kraninger, Treasury Secretary Steven Mnuchin, and new CFPB Student Loan Ombudsman Appointee Robert Cameron calling 'the appointment of Mr. Cameron, a former executive responsible for compliance at a student loan servicer that has been accused of cheating thousands of students and taxpayers... an outrageous slap in the face to student loan borrowers across the country.'" (Yahoo! Finance)
  
• Americans' economic outlook: Optimism, but Trump tweets and trade raise concerns. "As is the case with many views these days — even those that might seem otherwise objective — partisanship weighs on this. Republicans are especially upbeat, Democrats much less so, and this is a difference that cuts across financial status and income levels." (CBS News)
  

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Straight Talk About Privacy, Security and Cyber Security Insurance for Debt Collectors

19 September 2019 at 01:00 p.m.

The ability to amass hordes of consumer information was once considered the hallmark of a powerful, successful collection agency. Join this webinar to hear from experts in the field as they discuss the risks associated with managing consumer data.

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