CFPB Takes on Debt Collectors With New Oversight

Last week, the Consumer Financial Protection Bureau said it would begin regulating debt collection companies starting at the beginning of 2013. "We now find that debt collection is a central issue of our times," director Richard Cordray said.  Read more:   http://business.time.com/2012/11/01/cfpb-takes-on-debt-collectors-with-new-oversight