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FTC Provides Annual Letter on Debt Collection Activities

The Federal Trade Commission has provided the Consumer Financial Protection Bureau (CFPB) with its annual summary of activities to protect consumers in the debt collection arena.

The summary is used by CFPB in its annual report to Congress, released today, on the activities of both agencies, who share law enforcement responsibility in this area.

In the summary, the Commission highlights its multi-faceted work covering the debt collection market to protect consumers and small businesses, including:

The lead staff attorney on this matter for the FTC is Naomi Takagi in the Bureau of Consumer Protection.

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