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Officials say the new rules are a necessary update to an outdated law, but consumer advocates worry that borrowers risk missing key information or falling prey to scammers.
Officials say the new rules are a necessary update to an outdated law, but consumer advocates worry that borrowers risk missing key information or falling prey to scammers.
The next time someone tries to friend you on Facebook or follow you on Instagram, it could be a debt collector. New rules approved by the Consumer
Many people expressed their concern for the new rule allowing debt collector to contact you through social media, links to multiple spam cases cited.
Officials say the new rules are a necessary update to an outdated law, but consumer advocates worry that borrowers risk missing key information or falling prey to scammers.