FDCPA (Fair Debt Collection Practices Act)

FDCPA (Fair Debt Collection Practices Act)

Approved in 1977, the Fair Debt Collection Practices Act allows for legal consumer protection against abusive debt collection practices.

Related Terms

  • ACH Credit

    An ACH credit occurs when the receiver’s account is credited.

    Learn More
  • Consumer Account

    An account held at a development financial institution (DFI) which has been opened by a natural person and is used for personal needs.

    Learn More