The Fair Debt Collection Practices Act applies to:
A) all creditors attempting to collect debts
B) all corporations attempting to collect debts
C) merchants attempting to collect debts from their customers, but not to financial institutions
D) debt collection agencies
E) all of the other choices

Question

Quizplus · Accepted Answer

The Fair Debt Collection Practices Act applies specifically to debt collection agencies, not all creditors, corporations, or merchants. Financial institutions may also be subject to the act if they use a third-party debt collection agency to collect on their behalf.

The Fair Debt Collection Practices Act Applies To