Under the Fair Debt Collection Practices Act, collectors are not allowed to disclose a consumers past due debt to anyone other than the debtor and in some cases a spouse. The Telephone Consumer Protection Act would have required collectors to identify the registered name of their business in any pre-recorded messages to consumers or debtors. Since the name of many collection agencies indicates that they are a debt collection agency or that they are calling for the purpose of collecting a debt, this would have caused them to violate the FDCPA. The TCPA creates unworkable contradictions with collectors and creditors who are following the Fair Debt Collection Practices Act.
The Telephone Consumer Protection Act (TCPA) of 1991 was created in response to consumer concerns about the growing number of unsolicited telemarketing calls to their homes and the increasing use of automated and prerecorded messages. The FCC has rules to aid consumers who wish to limit these uninvited calls. On June 26, 2003, the FCC revised its rules implementing the TCPA and established, in coordination with the Federal Trade Commission (FTC), a national do-not-call registry.
The term "telephone solicitation" does not include calls or messages placed with the receiver's prior expressed permission, by or on behalf of a tax-exempt non-profit organization, or from a person or organization with which the receiver has an established business relationship, such as a creditor or a collection agency. An established business relationship exists if you have made an inquiry, application, purchase, or transaction regarding products or services offered by the person or entity involved. Consumers, who add their number to the Do Not Call list, will not stop collection calls. This will only stop unsolicited telemarketing calls.
Congress and the Federal Communications Commission (FCC) will be reducing the abuse of the legal system through frivolous lawsuits. Also, the U.S. Senate approved a bill to reform class litigation. ACA International has been instrumental in getting these changes made. ACA International has used its over 5,300 members to help build support for this bill in order to reduce the number of frivolous lawsuits filed against companies and collection agencies including ACA members.
Michelle Dunn is the Author of the FREE e-book How to Help You Get Paid, Credit & Collection Forms and Letters. She has also written and published How to Make Money Collecting Money, Starting a Collection Agency that is available from http://www.michelledunn.com and all major bookstores. For more information on Starting a Collection Agency, order her book for immediate delivery or sign up for her consulting services to start your own agency. Michelle opened and ran her own very successful collection agency for 8 years. She has over 17 years experience in debt collection. To sign up for Michelle's FREE online networking group visit http://www.credit-and-collections.com. Get FREE forms and tips for starting your own agency.
Please visit http://www.michelledunn.com for information on her consulting packages for Starting a Collection Agency or Starting a Home Based Business.
Is identity theft really that serious? Thousands of people every... Read More
Credit card debt is a major social problem in some... Read More
Ever wonder how a creditor decides whether to grant you... Read More
Online credit reports are easily accessible to those interested in... Read More
Getting your first credit card is a big deal and... Read More
Consumers reject financial advice in favour of financial frivolityIt would... Read More
And some practical advice too!My first credit card?I remember my... Read More
There are seven consumer credit laws you should be aware... Read More
What do a shoe retailer, an online discount broker, and... Read More
If you have a bad credit rating, then you might... Read More
Understanding credit report scores is important when you see your... Read More
You got creditors calling you everyday. You could lose the... Read More
There are no secrets to repairing your credit. Many shady... Read More
There are millions of consumer credit reports on file from... Read More
Mortgage loans are some of the most difficult loans to... Read More
What Are Possible Signs of Fraudulent Transactions see at Web... Read More
Moving money from credit card to credit card to take... Read More
Consumers today are up to their eyeballs in debt. And... Read More
Congress passed the Fair Credit Reporting Act several years ago... Read More
Well now we add CitiGroup and UPS to the Identity... Read More
Many people may still not be aware of an amendment... Read More
How Lenders Operate ? And How They'll Make a Tidy... Read More
There are a couple of reasons for this. You can... Read More
You might not know it, but every time you take... Read More
It wasn't all that long ago that lenders blatantly discriminated... Read More
It is important to know your credit rating for a... Read More
The average American knows very little about bankruptcy. Most people... Read More
Do you know why you should check your credit report?Of... Read More
Credit scores: all lenders use credit scores to determine interest... Read More
Your credit file may not reflect all your credit accounts.... Read More
Rewards cards have become the latest rage in the credit... Read More
The three major credit bureaus, Experian, Equifax and Trans Union... Read More
Did you know that you could make sure to get... Read More
Here are some useful tips on borrowing money. Borrowing money... Read More
Have you ever really looked at your credit card and... Read More
Why do some people get offers for pre-approved credit cards... Read More
We have all heard countless stories of people over their... Read More
It is the scourge of our age: identity theft. Thieves... Read More
A check can be considered bad if it is bogus... Read More
Ah, the sweet rewards of using credit!Not only do you... Read More
Secured Credit Card is similar to a prepaid credit card... Read More
The Beginning of the Credit Card EraIn 1951, Diners Club... Read More
Get your credit report online for FREE. Many financial advisors... Read More
Sometimes life lands you in a situation that causes your... Read More
Even if you have heard of a credit report, you... Read More
The process of clearing credit can be laborious and frustrating,... Read More
Credit cards are just so convenient, aren't they? There's no... Read More
Today, selecting the proper credit card can be a bit... Read More
Will lenders really love you for having a good credit... Read More
Credit scores are the most important aspect that determines your... Read More
Moving money from credit card to credit card to take... Read More
The next time you open your credit card statement, take... Read More
There are no secrets to repairing your credit. Many shady... Read More
One of the easiest ways to borrow money of a... Read More
Everywhere we go, the word credit can be found, shining... Read More
A credit score is most commonly known as a FICO... Read More
With all my bills who would possibly want my credit?... Read More
With identity theft statistics currently at an all time high,... Read More
Somebody once said, "There is always a way of knowing... Read More
Let's face it, if you are facing the possibilities of... Read More
How Lenders Operate ? And How They'll Make a Tidy... Read More
Credit card companies want your business. After all, lending money... Read More
This summary of the Fair Credit Reporting Act will explain... Read More
Maybe some of you are saving it in your trusty... Read More
Fact: Over 150 million Americans have credit report with the... Read More
What is Credit?Credit is the backbone and the engine behind... Read More
Credit |