The Fair Debt Collection Practices Act (FDCPA), 15 U.S.C. ยง 1692 et seq., is a United States statute added in 1978 as Title VIII of the Consumer Credit Protection Act. Its purposes are to eliminate abusive practices in the collection of consumer debts, to promote fair debt collection, and to provide consumers with an avenue for disputing and obtaining validation of debt information in order to ensure the information's accuracy. The Act creates guidelines under which debt collectors may conduct business, defines rights of consumers involved with debt collectors, and prescribes penalties and remedies for violations of the Act. It is sometimes used in conjunction with the Fair Credit Reporting Act.
Read more about Fair Debt Collection Practices Act: People and Entities Covered By The FDCPA, Prohibited Conduct, Required Conduct, Enforcement of The FDCPA, The FTC & FDCPA
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“Your fair discourse hath been as sugar,
Making the hard way sweet and delectable.”
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“The debt was the most sacred obligation incurred during the war. It was by no means the largest in amount. We do not haggle with those who lent us money. We should not with those who gave health and blood and life. If doors are opened to fraud, contrive to close them. But don’t deny the obligation, or scold at its performance.”
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“Money made through dishonest practices will not last long.”
—Chinese proverb.
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—George Eliot [Mary Ann (or Marian)