Debt Collectors May Soon Contact You By Text and Social Media. Here’s What You Should Know

If you’ve ever had an unpaid debt go to collections, you know how challenging it can be to deal with debt collectors. Not only do you have the guilt of unpaid bills hanging over your head; you also have people trying to call you often to demand repayment.

But the ways debt collectors can contact you are about to change. After seven years of review and deliberation, the Consumer Financial Protection Bureau (CFPB) has finalized revisions to the Fair Debt Collection Practices Act (FDCPA), which spells out the rules debt collectors must follow.