Question

Which law protects credit card users from debt collection practices that are abusive or invade the user’s right to privacy?

A.
Fair Credit Billing Act
B.
Fair Credit Reporting Act
C.
Fair Debt Collection Practices Act
D.
Truth in Lending Act

Answer 1

The Fair Debt Collection Practices act protects the credit card users from the deceptive or incorrect practices when debt is collected.

Step-by-step explanation:

FDCP act, enacted by
`95^(th)` United States Congress is amended as Public Law 111-203- title X- 124 Stat. 2092 (2010) to protect the customers from the exploitative ways of debt collection. It is signed into law by the then president Jimmy Carter on September, 20, 1977. This law limits the third party debt collectors from collecting the debts of other entity or person.