Starting in 2021, debt collectors will be able to contact consumers via text, email, social media, and voicemails. When Congress passed the Fair Debt Collection Practices Act (FDCPA) in 1977, it was designed to take federal action against abusive and invasive debt collection practice by limiting the time, place, and methods of communication debt collectors could use.
Because the bill was passed over 40 years ago, modern modes of communication like text messages and emails were not included The rules apply to all forms of collection covered under the FDCPA, such as mortgages, credit cards, medical debts, and any consumer debts for personal or family purposes (including delinquent student loans). A debt collector cannot generally tell anyone about the debt without your permission, although they can ask others about your whereabouts. Every time the collection industry tries out a new technology to reduce their cost or increase saturation, it does more damage than good.
Submitted November 05, 2020 at 08:31PM by BikkaZz https://ift.tt/2Jz4Btq
