California DFPI Invites Comments for Debt Collection Licensing Act

SACRAMENTO, Calif. — On April 8, 2021, the Commissioner initiated a rulemaking to
adopt regulations related to the requirements for licensure under the Debt
Collection Licensing Act (“DCLA”). The Commissioner is now considering a second
rulemaking to adopt regulations related to other provisions of the
DCLA, including its scope, annual reports, and bond amounts.

The Commissioner invites interested parties to provide input in
developing regulations related to these topics and has formulated questions to
assist such parties in providing this input. The Commissioner also invites
interested parties to provide example language for regulations related to these
topics.

The invitation and questions may be found here: PRO 05-21 – Invitation for Comments on Proposed Second Rulemaking Under the Debt Collection licensing Act (PDF)

The deadline to submit comments under this invitation is Monday,
October 5, 2021.

NOTE: To ensure you receive future notices about the second DCLA
rulemaking,  visit www.dfpi.ca.gov and
select the “Subscribe” button at the bottom of the page. After logging in,
select the “Debt Collection Licensing Act Regulations” list under the
“Regulations” category.