Federal Fair Debt Collection Act

Many of you may not be aware that there are certain rules that regulate what collectors can and cannot do. The Federal Fair Debt Collection Act was established by the FTC to prevent abuse of the consumers by finance companies. It addresses the following:

• When a collector can call you
• What they can tell others about your debt
• What they can and cannot say

It also discusses what to do if you believe a collector is breaking the law. Use this!