Asked by Scott Wilson on Apr 25, 2024
The nation's consumer protection agency
A) third-party check
B) postal money order
C) Federal Trade Commission (FTC)
D) Fair Debt Collection Practices Act (FDCPA)
E) Truth in Lending Act (TILA)
F) validation notice
G) collection agencies
H) statute of limitations
I) skip
J) bankruptcy
Federal Trade Commission
A U.S. federal agency tasked with protecting consumers and competition by preventing anticompetitive, deceptive, and unfair business practices.
Consumer Protection
Laws and practices designed to ensure the rights of consumers, as well as fair trade, competition, and accurate information in the marketplace.
- Develop insight into the ethical and regulatory requirements in billing and collections, with a focus on handling credit balances and adhering to disclosure obligations under laws such as the Truth in Lending Act and the Fair Debt Collection Practices Act.
Learning Objectives
- Develop insight into the ethical and regulatory requirements in billing and collections, with a focus on handling credit balances and adhering to disclosure obligations under laws such as the Truth in Lending Act and the Fair Debt Collection Practices Act.