Government Original Creditor Third-party Debt Collectors 
Credit Corp
NOVEMBER 9, 2020
The Fair Debt Collection Practices Act is a federal law that protects consumers against certain unfair collection practices. It applies to only external or third-party debt collectors and only for personal debts. It does not come into play for creditors collecting their own debts.
Debt Free Colorado
FEBRUARY 21, 2022
The Fair Debt Collection Practices Act (FDCPA) applies to collection firms and debt collectors attempting to recover consumer debts. Consumer debts include credit card debts, vehicle loans, medical costs, and school loans. Consumer credit transactions are governed by the UCCC, which is a code of conduct.
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Collection Industry News
MARCH 18, 2023
The NCLC presented several issues for consideration in the FCRA rulemaking process, including that the Bureau should (i) “establish strict requirements to regulate the furnishing of information regarding a debt in collections by third-party debt collectors and debt buyers”; (ii) “require translation of consumer reports by the [CRAs] into the eight (..)
Better Credit Blog
AUGUST 31, 2020
ConServe is a debt collection agency that may contact you regarding unpaid debts. They are a third-party debt collector, which means that they may be hired by your original creditor, or they may purchase your old debt on the chance that you pay them instead. Validate the Debt.
Collection Industry News
APRIL 2, 2024
Fact check : No, debt isn’t ‘invalidated’ if collection agency doesn’t respond to letter in 30 days Jiménez said it’s true that a debt collector could be fined up to $1,000 if they continue to contact a debtor after receiving a cease-and-desist letter.
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