Sunday, January 18 2015
The Fair Debt Collection Practices Act (FDCPA) is a law which protects consumer rights from unfair and unethical debt collection practices. This law can be very helpful to consumers in stopping collection company harassment and abuse.
One benefit of this law is that a consumer can stop any collection company from contacting them by phone and or in writing. All you need to do is prepare a “cease and desist” letter to get the creditor to stop contact. (In our next email we will include a cease and desist letter you can use for this purpose.)
Some other restrictions from the FDCPA include:
These are a few of many restrictions the FDCPA puts upon debt collectors. Knowing these rights will help you deal with these unethical debt practices in the future and stop creditor harassment.
Any of these violations can lead to a potential lawsuit, and can help you have the negative account agreeably removed from the credit report.