It is the purpose of this subchapter to eliminate abusive debt collection practices by debt collectors, to insure that those debt collectors who refrain from using abusive debt collection practices are not competitively disadvantaged, and to promote consistent State action to protect consumers against debt collection abuses. Even where abusive debt collection practices are purely intrastate in character, they nevertheless directly affect interstate commerce. Means other than misrepresentation or other abusive debt collection practices are available for the effective collection of debts.Ībusive debt collection practices are carried on to a substantial extent in interstate commerce and through means and instrumentalities of such commerce. (c) Available non-abusive collection methods Abusive debt collection practices contribute to the number of personal bankruptcies, to marital instability, to the loss of jobs, and to invasions of individual privacy.Įxisting laws and procedures for redressing these injuries are inadequate to protect consumers. There is abundant evidence of the use of abusive, deceptive, and unfair debt collection practices by many debt collectors. Congressional findings and declarations of purpose This subchapter may be cited as the "Fair Debt Collection Practices Act." §818. Exception for certain bad check enforcement programs operated by private entities Reports to Congress by the Bureau views of other Federal agencies Communication in connection with debt collection
Congressional findings and declaration of purpose Although the staff has made every effort to transcribe the statutory material accurately, this compendium is intended as a convenience for the public and not a substitute for the text in the U.S.
5points mist see finance district code#
Code citation is included with each section heading. For example, this version uses FDCPA section numbers in the headings. Please note that the format of the text differs in minor ways from the U.S. 2092 (2010)Īs a public service, the staff of the Federal Trade Commission (FTC) has prepared the following complete text of the Fair Debt Collection Practices Act About the FTC Show/hide About the FTC menu itemsįair Debt Collection Practices Act As amended by Public Law 111-203, title X, 124 Stat.News and Events Show/hide News and Events menu items.Advice and Guidance Show/hide Advice and Guidance menu items.Competition and Consumer Protection Guidance Documents.Enforcement Show/hide Enforcement menu items.
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