To embed, copy and paste the code into your website or blog: The CFPB recently issued a final rule amending Regulation F, to provide additional requirements regarding: (i) the validation notice and disclosures provided at the outset of debt collection, (ii) identifying actions to be taken before a debt collector may report information to a consumer reporting agency (CRA), and (iii) prohibiting time-barred debt collection. The final rule becomes effective on November 30, 2021. Validation Notice Under the final rule, debt collectors must provide the consumer with certain information relating to the debt and the consumer’s rights (Validation Notice). The Validation Notice must be provided either in the debt collector’s initial communication to the consumer, or within 5 days of the initial communication, and must include the following information: