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FDCPA for Collectors Post Test questions n answers
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FDCPA for Collectors Post Test questions n answers
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FDCPA for Collectors Post TestThe FDCPA only covers consumer debts that are in default. True or False - correct answer ✔✔False
Collection activities on a portfolio of accounts that includes charge-offs purchased from another creditor,
as well as late delinquency accounts owed to your own employer are governed by the FDCPA. True or
False - correct answer ✔✔True
A validation notice must include the following: - correct answer ✔✔The amount of the debt owed and
the name of the creditor to whom the debt is owed.
One acceptable form of validation or verification of debt is a court order of: - correct answer
✔✔Judgment
It is legal and appropriate to tell a debtor, within the first moth after placement of the debt for collection,
that the balance of the account is due "immediately. True or False - correct answer ✔✔False
The Mini-Miranda applies only to the first written communication from a debt collector to a consumer.
True or False - correct answer ✔✔False
If a consumer asks you in writing to cease communication, you are prohibited from contacting the debtor
again. - correct answer ✔✔False
After you receive a written request to cease communication, you may still contact a debtor to advise him
or her of collection action you plan to take in the ordinary course of business. - correct answer ✔✔True
You must honor a written request to cease communication with an adult debtor when the request comes
from: - correct answer ✔✔The debtor or a debtor's spouse
You must follow a debtor's instructions for application of a payment to multiple accounts when a dispute
is involved. - correct answer ✔✔True
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