20 Common Mistakes in Consumer Collections
September 23, 2025
Live Webinar:
DateSep 23, 2025Duration90 minutes
12:00 PM PDT01:00 PM MDT
02:00 PM CDT03:00 PM EDT
- Unlimited connections for your institution
- Available on desktop, mobile & tablet
- Take-away toolkit
- Presenter’s contact info for questions
On-Demand Webinar:
- Unlimited & shareable access starting two business days after live stream
- Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
Borrowers, their attorneys, and regulators are closely monitoring your consumer collection practices for any irregularities.
Therefore, it is important to
understand and implement proper collection practices to avoid complaints, liability,
and regulatory action. Attend this practical program to learn 20 common
collection mistakes and how to steer clear.
AFTER THIS
WEBINAR YOU’LL BE ABLE TO:
- Understand the most common mistakes made in the collection process and how to avoid or correct them
- Identify what the CFPB believes are some of the biggest problems in consumer collections
- Distinguish between permissible and non-permissible collection activities
- Explain what constitutes an unfair, deceptive, or abusive act or practice in the collection of consumer debts
- Use the proper collection activities for the proper situation
WEBINAR DETAILS
Consumer debt collection practices are the major
reason for complaints, lawsuits, and enforcement actions against financial
institutions. This becomes more complicated with the CFPB’s recent withdrawal
of dozens of regulatory guidance documents, including interpretive rules,
policy statements, and advisory opinions impacting the Consumer Financial
Protection Act of 2010 (CFPA), the Fair Credit Reporting Act (FCRA), the Fair
Debt Collection Practices Act (FDCPA), the Equal Credit Opportunity Act (ECOA),
the Truth in Lending Act (TILA), and the Military Lending Act (MLA).
Notwithstanding the withdrawal of these guidance documents, there are numerous
debt collection laws and regulations – and numerous opportunities for errors.
Learn 20 of the most common consumer collection mistakes and how to avoid them.
WHO SHOULD ATTEND?
This informative session
will benefit consumer loan officers, loan operations personnel, credit
administration professionals, collection staff, compliance officers, auditors,
attorneys, managers, and others involved in the collection process.
TAKE-AWAY TOOLKIT
- List of interpretive rules, policy statements, and advisory opinions withdrawn by the CFPB in May 2025
- CFPB’s Debt Collection Rule Small Entity Compliance Guide
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
NOTE: All materials are subject to copyright. Transmission, retransmission,
or republishing of any webinar to other institutions or those not employed by
your institution is prohibited. Print materials may be copied for eligible
participants only.
Presented By
Spencer Fane LLP
© 2025 FINANCIAL EDUCATION & DEVELOPMENT, INC