CFPB - Validation Notices and How it Will Change Collection Letters
Validation letters have always been a standard in the industry and typically the information in a notice stays the same and is not changed. However, along with the rules of the Consumer Financial Protection Bureau is also a model validation notice that displays the general information and guidelines to use when sending a collection letter. Hear from a panel of experts in the field about how collection agencies can adapt to these new changes.
In this webinar, you will learn about:
- Which details have been changed and how
- Where to place information on validation notices
- Risks and rewards of not using the model letter
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