Should Debt Collectors Stop Accepting Electronic Payments?

The Fair Debt Collection Practices Act (FDCPA) is the federal law that regulates the collection activities of debt collectors.

How states interpret that law has some debt collection agencies fuming.  Several states have determined that part of the law restricts the rights of debt collectors to pass along transaction or bank fees to consumers who opt to pay their debt using a credit card.

To find out more read Laws Unfairly Treat Debt Collectors Differently on Credit Card Payments  at InsideARM.com.

Want more information on debt collection?  Please contact us.

Credit Service International
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