Fair Debt Collection Practices Act (FDCPA): Federal law that regulates debt collection practices, prohibits abusive, deceptive, and unfair practices, and sets rules for communication with debtors
Fair Credit Reporting Act (FCRA): Federal law governing credit reporting practices, including requirements for accurate reporting and consumer dispute procedures
Gramm-Leach-Bliley Act (GLBA): Federal law establishing privacy and data security requirements for safeguarding consumer financial information
State Collection Agency Licensing Laws: State-specific requirements for collection agency licensing, including bond requirements and registration procedures
State Debt Collection Laws: State-specific regulations governing debt collection practices, which may be more stringent than federal requirements
Consumer Financial Protection Bureau (CFPB) Regulations: Federal regulatory framework providing additional oversight and rules for consumer financial protection in debt collection
Telephone Consumer Protection Act (TCPA): Federal law restricting telemarketing calls and the use of automated telephone equipment in debt collection
Electronic Funds Transfer Act: Federal law governing electronic transfer of funds and establishing consumer rights in electronic fund transfers
State Interest Rate Limitations: State-specific laws limiting interest rates that can be charged on collected debts
Data Protection and Privacy Laws: Various federal and state laws governing the protection and privacy of consumer data in debt collection practices
