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FDCPA well answered to pass rated A+
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FDCPA well answered to pass rated A+
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FDCPATrue or False: the FDCPA allows professional debt collectors to contact customers between 8:00am and
9:00pm local time for the consumer. (In consumers time zone) - correct answer ✔✔True
Which of the following statements made by professional debt collectors would not be considered
harassing?
A. "You're really lazy! Why don't you get a job?"
B. "I'll have to contact your employer if you don't pay your bill."
C. "You shouldn't buy a house if you can't pay your bill."
D. None of the above - correct answer ✔✔D. None of the above
True of False: when seeking location information, professional debt collectors may inform the consumers
neighbor about the existence of a debt. - correct answer ✔✔False
A validation notice is:
A. An explanation of what a collection agency must do if a debt is disputed
B. Required by the FDCPA
C. A written explanation of the consumers right to dispute a debt
D. All of the above - correct answer ✔✔D. All of the above
Location information is a consumer's:
A. Place of residence, home phone number or place of employment.
B. Home phone number, work phone number or place of employment
C. Home phone number, work phone number or supervisors phone number
D. Place of residence, work phone number or supervisors phone number. - correct answer ✔✔A. Place
of residence, home phone number or place of employment.
A professional debt collector may contact a consumers employer when:
, A. The collector is unable to contact the consumer after three attempts
B. The debt is over $500
C. The collector is verifying employment
D. The consumer says he doesn't earn enough money to pay the debt - correct answer ✔✔C. The
collector is verifying employment
When communicating with consumers about a debt, professional debt collectors:
A. Must identify themselves as debt collectors
B. May imply they work for the government
C. May use forms that look like legal documents
D. None of the above - correct answer ✔✔A. Must identify themselves as debt collectors
True or false: professional debt collectors can be held liable for violation of the FDCPA to the same extent
as their employers - correct answer ✔✔True
True or false: professional debt collectors may refer to legal action as a collection possibility on all size
accounts even if their policy is to sue on accounts larger that $250 - correct answer ✔✔False
True or false: a collector can demand immediate payment 21 days after the notice is sent - correct
answer ✔✔False
True or false: collectors may say anything over the telephone that they are prohibited from writing in
letters - correct answer ✔✔False
True or false: a professional debt collector is permitted to report information on past due accounts to
credit reporting agencies - correct answer ✔✔True
True or false: my companies name indicates that it is a collection agency. According to the FDCPA, I can
legally use my company's initials on the outside of the envelope when I send collection notices - correct
answer ✔✔True
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