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Regulators Draw Up New Rules To Stop Abusive Practices By Debt Collectors

Richard Cordray, shown here at a March 2015 hearing, directs the Consumer Financial Protection Bureau, which has proposed new rules to overhaul the multi-billion dollar debt collection industry.) (AP)
Richard Cordray, shown here at a March 2015 hearing, directs the Consumer Financial Protection Bureau, which has proposed new rules to overhaul the multi-billion dollar debt collection industry.) (AP)

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