Tuesday, October 9, 2007

Great Post on Fair Debt Collection Practices

FiveCentNickel has a great post on the Fair Debt Collection Practices Act. He has been called by a collection agency, and most likely they have the wrong person. He outlined the basic tenets of the FDCA. My favorite is that they are not allowed to "Annoy or harass you with repeated calls."

When I was in college, I had debt collectors repeatedly calling and harassing me because there was a girl with the same name who had apparently run up a ton of debt on store credit cards. These people called me almost everyday, insisting I owed this money. I told them over and over it wasn't me (they never believed me), and after a couple of weeks, they finally stopped calling. To this day I will not shop at Bealls because of their harassment. I only wish I had known about the Fair Debt Collection Practices Act then.

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