Fair Debt Collection Practices Act (FDCPA)
US federal law that regulates how third-party debt collectors can contact you and collect debts. Prohibits harassment, false statements, and unfair practices. Gives you the right to request debt validation and cease communication from collectors.
Related guides
- Full credit & FICO® glossary
Browse all defined terms by category.
- Debt Collector
A person or company hired to collect debts owed to creditors. Third-party debt collectors are regulated by the Fair Debt Collection Practices Act (FDCPA), which prohibits abusive, unfair, or deceptive practices in debt collection.
- Collections
When a creditor turns an overdue debt over to a collection agency after the borrower fails to pay. Collection accounts are reported to credit bureaus and remain for seven years from the original delinquency date. Paying a collection removes your legal obligation but typically doesn't remove the account from your report.
Frequently Asked Questions About Fair Debt Collection Practices Act (FDCPA)
What does Fair Debt Collection Practices Act (FDCPA) mean?
US federal law that regulates how third-party debt collectors can contact you and collect debts. Prohibits harassment, false statements, and unfair practices. Gives you the right to request debt validation and cease communication from collectors.
Is Fair Debt Collection Practices Act (FDCPA) important for my FICO® score?
Understanding Fair Debt Collection Practices Act (FDCPA) helps you manage your credit profile more effectively, which in turn supports a stronger FICO® score.