Lexington-Fayette, Kentucky 2021-12-01 16:25:04 –
Debt collectors can now reach out to people via direct messages on social media.
CBS News It reports that a new financial regulation that allows debt collectors to contact people on social media accounts came into force on Tuesday.
However, debt collectors must follow certain rules when contacting a person. According to them, they cannot post to the wall of a person and must identify themselves immediately. insider.
The publication reports that debt collectors must offer people the option to opt out of receiving messages on social media.
The new regulations have also imposed new restrictions on phones. According to CBS News, debt collectors are limited to calling seven times a week for certain debts.
The updated regulation was approved last year due to changes in the way people communicate.