Captionimage
Debt Management for Novice
-Debt Management Program
-Debt Management
-Debt Consolidation Loans
-Types of Debt Management Services
-Debt Management Services
-Commercial Debt Management
-Debt snowballing
Tips and Advice
-Debt Management Tips
-Tips to Avoid Debts
-Debt settlement Advice
-Financial Planning Tips
-Student Loan Consolidation Tips
-Guide to Debt Management Plan
-Debt Management Training
-Debt Reduction
-Bankruptcy Questions
Debt Solutions
-Debt Management Solution
-Debt Managment Company
-Small Business Debt
-Debt Counseling
-Debt Management Software
-Debt Collection Practices
-Debt restructuring
Debt Management
-Debt Management Consultants
-Debt Settlement Companies
-Debt Management Help
-Free Debt Management
-Debt Consolidation Company
-Stop Debt Collector
-Personal Debt Management
-Debt Management Podcasts
-Filing Bankruptcy
Subscribe for Free Newsletter

Stay updated, sign up for our free newsletter to receive useful tips

Full Name Email Id

Fair Debt Collection Practices Act

The Fair Debt collection Practices Act (FDCPA) refers to a federal which regulates the activities of the debts collectors or collection agencies. This act governs several issues like abusive practices of creditors, debt collectors or collection agencies and much more. It is intended for the protection of consumers from abusive and harassing practices of debtors and debt collectors.

Usually when the law is violated, penalties are imposed on them. The fair debt collection practices Act is actually a United States's statute. The main aim of the act is to eliminate the abusive and harassing practices followed by the debt collectors of consumer debts and to promote fair debt collection and to serve as a platform for settling disputes and achieving accuracy .

The act also provides several guidelines for the debt collectors. It also prescribes penalties for violation of the law. It is also at times, used along with Fair Credit Reporting Act.

More Terms Explained
White Paper
Debt Relief
Adjusting Debt
Managing Debt
Suggest an Article
Haven´t found the article you are looking for, please suggest your article. We value all your suggestions and comments.