Effort aims to protect consumers and financial institutions from fake check scams.
January 4, 2011
The New York State Consumer Protection Board joined with the Credit Union Association of New York and others to announce the start of a new, innovative program to protect consumers and financial institutions from fake check scams.
The CFPB released the results of its survey on debt collection Thursday, prior to its discussion on the same topic. The survey, which consisted of 53 questions about first- and third-party debt collection, does not specifically identify credit unions.
The CFPB will discuss debt collection at a public event Thursday, scheduled to begin at 11 a.m. (ET). The event will feature remarks from CFPB Director Richard Cordray and will be streamed live online.