In a recent question-and-answer with the Washington Post, CFPB Director Richard Cordray indicated the bureau is not going to ease up as it moves forward with rulemaking in the payday-lending, debt collection and prepaid-card sectors of the financial services industry. “We will be undertaking rulemaking in the debt-collection area,” Cordray told the Post. The work on that will get started later this fall. As the nation’s top consumer regulator sees it, debt collection is an area that is in need of revision and updating...