A Quick Review of TCPA and FDCPA

TCPA, FDCPA, ARM Industry, Debt Collection Compliance

It’s no surprise heavy regulation surrounds the ARM industry.  The most common terms debt collectors hear include TCPA and FDCPA. These two acts safeguard debtors from unfair collection practices and harassment. Breaching either of these acts attracts hefty penalties and risks the closure of your agency. As with so many areas of debt collection –…

Read More

FDCPA Compliance is Critical to an Agency’s Success

Debt collection agencies play an integral role in obtaining past due financial obligations from consumers. These third-party companies are most often hired by businesses to collect late payments on their behalf.  As agencies fulfill their duties, FDCPA compliance is a must within the industry. FDCPA Compliance The FDCPA (Fair Debt Collection Practices Act) protects consumers…

Read More