Tweet

FDCPA Assures Rights of the Consumer

Guest post by: John Kevin

Article Overview: The Federal Debt Collection Practices Act (FDCPA) enforced by the Federal Trade Commission (FTC) regulates debt collection practices. The guidelines laid down by the FDCPA prohibit any kind of harassment of consumers by the debt collectors.

FDCPA Assures Rights of the Consumer

The Federal Debt Collection Practices Act (FDCPA) enforced by the Federal Trade Commission (FTC) regulates debt collection practices. The guidelines laid down by the FDCPA prohibit any kind of harassment of consumers by the debt collectors. Knowing the FDCPA guidelines helps you understand your rights as a consumer. You may sue the collector for any violations in the FDCPA guidelines. Your rights include:

You have a right not to take a call from a debt collector if you are not in favor of it

Should you take the call, you have a right to inform him not to call

If he calls repeatedly you may sue him

You may not be harassed for a payment

You have a right not to be subjected to abusive language

The caller needs to give you his identity

He should give you the exact amount of debt owed by you

You have a right not to be called at your work place

The debt collector should not reveal information about you to any third party

All the above need to be fulfilled by the debt collector. If he does not, you have a right to dispute the notice of the debt, right to contest the debt and right to get a verification of the debt. You have a right to dispute over the phone but sending a cease and desist letter through certified mail, with return receipt requested will assure you of proof of his receipt. Once the cease and desist letter reaches him, he has to stop all the debt collection activity till the debt is verified.

Debt collectors resort to illegal and unfair ways to squeeze money from consumers. If you lack knowledge of your protection rights laid by the FDCPA you will become a victim to such tactics. The FDCPA laws make sure that there is justice in debt collection.

Related Articles
  Know your Rights in the FDCPA
  What is Debt Collection Harassment?
  Dealing with Debt Collectors
  FDCPA Laws
  Beware of Charged off Debts!
  Debt Collectors should follow the FDCPA Laws
  Debt Collectors Look for a Victim all the Time
  What are the Different Types of Resell Rights?
  The Right To Choose
  California Labor Laws and the Domestic Workers Bill of Rights Movement
  A Look at Incentive and Rebates Programs
  Georgia's Lemon Law is Revised to protect the Bigger Vehicle Owners
  What Is A Credit Score?
  2011 Consumer Packaged Goods Marketing Trends
  Prosperity Bill of Rights
  Ways To Earn Online Income Fast
  The Surprise Close
  ® vs. ™
  The Online PR Media Myth
  The Benefits of Consumer Contract Financing Part 2

Article Tags: debt collection laws, Debt Collection Rights, debt collector harassment, fair debt collection, fair debt collection act, Fair Debt Collection Practices Act, FDCPA



Related Forum Posts
Re: Avon/ Amway - Consumer spending behaviour dictates that during down times, consumers will be MORE apt to spending on personal hygeine and personal therapeutic items. This is why you see companies like Avon, Mary Kay, etc advertising more and finding new sales associates. Not everyone will have a job, but most people have friends to sell things too!
Re: how do I get started with Wordpress blog? - I use a plugin called Platinum SEO plugin (built on top of the famous All-in-one SEO Plugin) for Wordpress. This plugin is amazing. I've got indexed in as little as two hours for one of my clients under the term "Squatters Rights Ontario" in Google. We're still holding onto the first page of google but depending on your geographical location right now could be any position on the first page of Google. When we posted this article we had just shy of 100 people join our autoresponder list in one day. The site canadianwealthbuilders [dot] com is a Wordpress site.
Re: HOw to market a B2B consulting company - [quote="zohahunt77":428owzbi]Hi, I was wondering if anyone can tell me the difference between B2B and B2C. I don’t know about b2b marketing but I have done marketing so know things about it. I will suggest you to take online services which will spread your business all over web network. Online marketing is the best way to market any business.[/quote:428owzbi] B2B = Business to Business - You are marketing to other businesses. B2C = Business to Consumer - You are marketing to consumers.
What the Better Business Bureau does - [quote:1urk8etq]There is such a diversity of businesses out there, how effetive are they in protecting the consumers or entrepreneurs[/quote:1urk8etq] The way I understad it, at least here in the US, every BBB chapterhas a website, and on that website is a list of companies who have had complaints about them. People trying to decide if they want to use a company check that list...and if there's no complaints.... That's why it's imperative for people who have been ripped off to complain to their BBB. It might not help them, but it will help other people down the line. On the other hand, people do sometimes maliciously make complaints about businesses - so I tink the BBB does talk to both sides to see what's what... In addition to the BBB, each state has its own Consumer Protection Agency, and they also inspect claims of wrongdoing.
Re: What makes a good online review? - Hi Kevin, True that the net is inundated with information, but there are flaws too, like you are not always sure as to whether the information provided is authentic or not. Therefore many organizations have set standards maybe of their own or laid down by Authorities. But for the common man, there is always a chance of falling in the trap. When I search for some product on the internet, there are two options for me (and I believe for most of us). When we are into purchase of a product, we are mostly after a specific brand. In such a case, any review does not matter. But for the other products (when Brand Name isn't that important), I generally take into account the reviews. I consider both - Expert Reviews and Consumer reviews. But many a times, they don't publish negative comments of products. So I do a search on Google or other search engines for related content to know more about the product and generally prefer to read Forums, Online Communities and Blogs (in that order) to decide on the purchase. Regards,


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

Make Small Commitments. Get Big Changes.

Creating a Better Place to Work

How To Improve Your CTA (Call To Action)

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.