The new CFPB rule requires landlords to clearly inform tenants — and limits what debt collectors can do.
Right now the only thing keeping millions of renters in their homes is the CDC’s eviction moratorium, which expires Jan. 31.
Even though hundreds of millions in aid from the CARES Act went unspent.
Even if someone manages to avoid or recover from an eviction, unpaid rent can have a damaging effect that lasts for years.
“There’s just a lot of people applying for not a lot of jobs,” says Neil Cairns of Portland, Oregon.
The nationwide CDC ban leaves many renters unprotected.
The CDC says the moratorium is needed to help curb the spread of COVID-19. Some landlords say they may not be able to survive.
The moratorium offers the broadest protection yet to renters who are struggling because of COVID-19.
Undocumented tenants have the same rights when it comes to evictions. But they often can't come forward to report abuse.
That includes an eviction moratorium and a payroll tax cut.