An Industry Wake-Up Call: The CFPB’s Impact on the Medical Debt Collection Space
Perficient
DECEMBER 6, 2023
Often when the CFPB issues press releases, the agency has already issued non-public information requests or consent orders in the space. Like “robo-signing” created an enormous regulatory headache for banks in the last decade, similar practices or “robo-billing” and lack of debt validation plague the medical collections space.
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