debt to income ratio

The Fair Debt Collection Practices Act (FDCPA): Protecting Consumers from Unfair Debt Collection Practices

The Fair Debt Collection Practices Act (FDCPA): Protecting Consumers from Unfair Debt Collection Practices

“The Fair Debt Practices Collection Act primary goal is to eliminate abusive practices in the collection of consumer debts. It promotes fair debt collection and provides consumers with an avenue for disputing and obtaining validation of debt information. The Act applies to personal, family, and household debts, including money owed on credit card accounts, auto loans, medical bills, and mortgages.”