The Fair Debt Collection Act and How it Protects You

The Fair Debt Collection Act (FDCPA) is a lawrequest that they not contact you there and they
that is intended to provide protection from themust comply.
mistreatment of debt collectors who otherwiseIf you request that a collector not contact you
might engage in harrassing behaviors. The Fairagain regarding a specific debt, they are required
Debt Collection Practices Act also outlines variousto listen to this request and not contact you again.
rules that any collection agency must abide byThey may only stay in touch with you in order to
whenever they are undertaking debt collection.inform you of actions they might take to continue
It's good to know that you have the protectionthe collection process. Collectors are not allowed
of the FDCPA (Fair Debt Collection Practices Act)to contact friends and relatives of yours to ask
if you are struggling and falling behind on yourinvasive or embarrassing questions. They are only
debt payments. You can find more informationpermitted to get your contact info and not to
about debt collection laws and the Fair Debtdiscuss your personal matters.
Collection Act at this link:The bottom line is that harassing behaviors are
FDCPA at FTC.GOVnot allowed. Collectors are no longer allowed to
Many debt collectors will assume that people don'tspeak with you using an abusive tone of voice, or
know anything about laws that protect theminsults. They are required to provide the amount
from harassment, so they may resort to rudeof payment you owe to settle the debt and to
tactics in trying to collect money. If you havereveal their own identify whenever they contact
been mistreated, you do have options.you.
Fortunately, the FDCPA laws will protect youThe FDCPA requires that collection agencies
from any illegal tactics from collection agencies.should help you to understand what your rights
The Fair Debt Collection Practices Actare. If for some reason you are not informed
The FDCPA ensures that debt collection will beabout your rights, you may lodge a complaint
undertaken in a fair manner, on behalf of bothagainst that collection agency. You should always
parties: the debtor and the creditor. The maindocument any communications in the event you
purpose of the law is to ensure ethical practicesshould need to file a complaint or prove the
of debt collectors and how they go aboutconversations later on.
collecting debt. Any invasion of privacy orYou are Responsible to Make Debt Repayments
harassment that includes offensive or misleadingAlways try to repay your debts whenever
behavior is not tolerated.possible. If you find you are having a hard time
You are required to repay the debts that youmaking payments, contact your creditors or work
have, and the law also protects creditors. Thewith the collection company to make a fair
FDCPA provides creditors with easier means toarrangement for repayment. You can rest easier
obtain payment and collect debt. They are allowedknowing that the Fair Debt Collection Act will
to search for a person as well as contact themprotect you and ensure you will be treated fairly.
for payment. The law also provides guidelines onIf you are falling behind, take the first step and
fees allowed for late payment and additionalmake the call. You may be able to negotiate an
factors.acceptable repayment schedule. By avoiding your
If you are the person who owes money, thecreditors or collectors, you will only make the
FDCPA will make sure you are treated fairly whileproblem worse and lessen the chances of working
making arrangements to repay your debt. Forout a more acceptable arrangement, The law will
example, the law provides guidelines such asprotect you from certain unethical collection
options and loan repayment terms with potentialbehaviors, but you are still liable to repay your
for loan repayment extension or lower payments.debts.
How the Fair Debt Collection Act (FDCPA)Most collectors will be more willing to work with
Protects Youyou than you might think. You have nothing to
Collectors may only call you during business hourslose by trying to talk to them about your situation
and cannot harass you by calling any time of theand finding a good repayment options. This way
day or night : after 8:00 am, and before 9:00 pmyou can settle your debt in a way that works out
local time. They are allowed to try and contactfor both parties.
you at your place of employment, but you can