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FDCPA Test Questions and Answers with Complete Solutions |Rated A+

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True or False... The FDCPA allows professional collectors to contact customers between 8 am and 9 pm local time for customers. - True (805)! True or False... The FDCPA takes precedence over any state laws governing debt collection. - False (816)@ A validation is - An explanation of what an agency must do if a debt is disputed. Required by FDCPA. Or a written statement of the customer's right to dispute a debt. (809) True or False... A professional debt collector should not continue comm...

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FDCPA Study Guide Questions and Answers with Complete Solutions |Rated A+

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In what year did the Fair Debt Collection Practices Act ("FDCPA") become law? a)1977 b)1990 c)2006 - a)1977 The FDCPA applies to: a) Debt collectors b) Creditors c) Both d) Neither - a) debt collectors Debt collectors are prohibited from contacting debtors by which of the following means? a) Email b) Fax c) Postcard d) Social Media Messaging - c) Postcard The FDCPA is a strict construction statute, which means there is no room for speculation or interpretation as to its terms. T...

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FDCPA Practice Questions and Answers with Complete Solutions |Rated A+

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FDCPA - Fair Debt Collection Practices Act Debtor - One who is obligated or allegedly owes or would have to pay debts Debt Collector - Someone who collects on debts Creditor - Any person who credits something Location Information - Place of residence,home phone number and place of employment. (804) Mini Miranda - A attempt to collect on dept and any information obtained will be used for that purpose Mini Miranda warning - is given on every call with the correct consumer

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FDCPA Exam Questions and Answers with Complete Solutions |Rated A+

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According to the FDCPA only, in a community property state, you may speak with the consumer's spouse in connection with the collection of a debt. (T/F)? - TRUE- can always speak with spouse in a community property state In a non-community property state, you may speak with the consumer's spouse in connection with the collection of a debt. (T/F)? - FALSE FALSE- If they are requesting validation we can't use against them in court - If the consumer fails to dispute the validity of a debt, ...

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FDCPA Exam Prep Questions and Answers with Complete Solutions |Rated A+

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What is the definition of a consumer? a. A person who offers or extends credit b. A person who is obligated or allegedly obligated to pay a debt c. A person who collects debt - b. A person who is obligated or allegedly obligated to pay a debt Which of the below is not considered a 3rd party? a. The consumer's attorney b. The neighbor of the consumer c. Answering machine d. The mother of the consumer - a. The consumer's attorney Define the term "Creditor": a. A person who is obliga...

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