The Scope of the Act
Many people starting credit repair services have collection accounts. The Fair Debt Collection Practices Act (FDCPA) provides rules for the way collectors deal with consumers, and procedures for the way they process disputes and validation requests.
Credit Repair Applications
Receiving a communication from a collector can be very intimidating. Knowledge of the FDCPA can remove the fear of dealing with collectors – and even put you in the driver’s seat. A working knowledge of the FDCPA is essential to successful credit repair.
In the next two sections we will outline two of the important provisions of the FDCPA: conduct prohibited by collectors, and your right to request validation of a debt.
Next: Collector Problems