New European Union Data Protection Regs Apply to Debt Collectors, Too

A European Union regulation, set to take effect in May of 2018, has business implications for American companies as well -- including debt collectors.

The GDPR -- General Data Protection Regulation -- seeks stronger consumer data protection, with the aim of giving people control over the personal data used by companies.

Those who are about to stop reading because they aren't located in Europe and therefore this has no bearing on their America-based business, stick with me a little longer.

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