Sometimes because of the bustling activities in life, we tend to overlook certain things. One of the most overlooked things is bills payment. There are times when we only get to be reminded of a bill we have to pay when we get next month’s bill and it’s double the amount or worse, when we start receiving reminders from debt collectors.
Reminders are done, most often than not, through phone calls from collection agents and quite frankly, the calls border from annoying to hostile. Debt collectors often make snide remarks and are often very abusive. They don’t let up to the point of embarrassing the consumers. That’s why the Fair Debt Collection Practices Act was formed.
This act aims to end the abusive behavior of debt collectors, create guidelines which debt collectors must follow when it comes to making collection arrangements, provide consumers an avenue for disputes and most importantly define the rights of consumers when it comes to dealing with debt collectors.