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Saturday
Mar142026

What's new? NYC Debt Collection Restrictions and Requirements

DateSaturday, March 14, 2026 at 1:21PM by AuthorBanking Spectrum

 

The New York City Department of Consumer and Worker Protection (DCWP) has adopted Amended Rules governing debt collection from NYC consumers, effective September 1, 2026. These rules introduce significant changes for financial institutions, as they expand the definition of "debt collector" to include original creditors and impose strict operational requirements.
For more details, see our section in the Gold Book.

 

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