There is abundant evidence of the use of abusive, deceptive, and unfair debt collection practices by many debt collectors. Abusive debt collection practices contribute to the number of personal bankruptcies, to marital instability, to the loss of jobs, and to invasions of individual privacy.
Existing laws and procedures for redressing these injuries are inadequate to protect consumers.
Means other than misrepresentation or other abusive debt collection practices are available for the effective collection of debts.
Abusive debt collection practices are carried on to a substantial extent in interstate commerce and through means and instrumentalities of such commerce. Even where abusive debt collection practices are purely intrastate in character, they nevertheless directly affect interstate commerce.
It is the purpose of this subchapter to eliminate abusive debt collection practices by debt collectors, to insure that those debt collectors who refrain from using abusive debt collection practices are not competitively disadvantaged, and to promote consistent State action to protect consumers against debt collection abuses.
15 U.S.C. § 1692
EFFECTIVE DATEPub. L. 90-321, title VIII, §819, formerly §818, as added by Pub. L. 95-109, Sept. 20, 1977, 91 Stat. 883, §818; renumbered §819, Pub. L. 109-351, title VIII, §801(a)(1), Oct. 13, 2006, 120 Stat. 2004, provided that: "This title [enacting this subchapter] takes effect upon the expiration of six months after the date of its enactment [Sept. 20, 1977], but section 809 [sectionof this title] shall apply only with respect to debts for which the initial attempt to collect occurs after such effective date."
SHORT TITLEThis subchapter known as the "Fair Debt Collection Practices Act", see Short Title note set out under sectionof this title.