Consumer Markets

New York City Debt Collection Rules

New York City’s updated debt collection rules (also known as the SHIELD Rule) are scheduled to take effect on January 1, 2027.

The changes introduce new communication requirements for debt collectors and original creditors once formal collection activity begins.

While compliance teams determine how the regulations apply to their organizations, operational teams should also be evaluating how communication strategies, digital engagement, and consumer experiences will need to evolve.

What you need to know

Effective Date

January 1, 2027

The New York City Department of Consumer and Worker Protection (DCWP) has delayed implementation to allow additional time for operational preparation and regulatory clarification.

Who’s Impacted

The rules apply to:

Debt collection agencies
Original creditors once formal collection activity begins

Routine billing communications are generally not subject to these requirements.

KEY CHANGES

Organizations should prepare for:

  • Updated mailed notices and disclosures
  • New restrictions on text and email communications
  • Expanded documentation and consumer protections
  • New requirements for credit reporting and medical debt

How We Help

RevSpring helps organizations operationalize the communication strategies their compliance teams define through:

  • Print and digital communications
  • Omnichannel engagement
  • Self-service payment experiences
  • Communication workflow execution

Key regulatory changes

MAIL

Validation Notices

Required by U.S. mail

Electronic delivery alone does not satisfy the requirement.

Updated notices must include enhanced debt itemization and NYC-required language.

DISCLOSURE

Time-Barred Debt

New disclosure requirements

Organizations collecting time-barred debt must include a prominent disclosure on the first page using contrasting 12-point type.

MEDICAL

Medical Debt

Additional consumer protections

Medical debt communications now require:

A first-page financial assistance disclosure
No reporting to credit bureaus
Certain consumer statements automatically triggering the dispute process

REPORTING

CREDIT REPORTING

New notification requirement

Before reporting eligible debt to credit bureaus, organizations must send a mailed pre-notice.

DIGITAL

TEXT & EMAIL COMMUNICATIONS

Stricter communication requirements

Electronic communications now require:

Prior consumer consent
An easy opt-out option (such as “STOP”)
No messages to employer-provided email addresses or phone numbers
No more than three contact attempts per account every seven days across all non-mail channels
Outreach must stop once the consumer responds

Prepare early

Begin by identifying affected letters, notices, and electronic outreach workflows now.

Need help thinking through the communication and operational implications? Talk with a RevSpring financial services expert.

An executive perspective

In “Every Contact Counts”, Bob Duggan explains why New York’s updated collection rules are an opportunity to rethink consumer engagement, not just prepare for new requirements.

Read Bob's perspective