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investopedia.com
Understanding the Fair Debt Collection Practices Act (FDCPA) Rules
Learn the FDCPA's rules on how debt collectors can contact debtors, your rights, and what to do if harassed—key to protecting financial well-being.
4 months ago
Fair Debt Collection Practices Act Fair Debt Collection Rights
Fair Debt Collection Practices Act (FDCPA)
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🛑 Know Your Rights: Stop Debt Collector Harassment 🛑 Did you know you have the power to stop debt collection calls and letters? This isn't just a courtesy—it's your federal right under the Fair Debt Collection Practices Act (FDCPA)! ✍️ The Cease and Desist Power If a debt collector contacts you, you can send them a written Cease and Desist Letter (15 USC text{§}1692c(c)). Once they receive it, they MUST stop all communication. ⚖️ The Consequences of Violation If they contact you again (ou
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☎️ Debt collectors don’t always play by the rules — but you have rights they can’t ignore. If you’ve sent a cease and desist letter and they keep contacting you, that could be a violation under the FDCPA (Fair Debt Collection Practices Act). ⚖️ Knowing your rights isn’t enough — you’ve got to be READY to use them. When you’re ready, we’ll show you how to document, protect, and respond the smart way. 👉 Comment "READY" to learn how to stop collection harassment and take back control of your credi
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