FDCPA for Collectors Post Test | Questions with 100% Correct Answers | Verified | Latest Update 2024

The FDCPA only covers consumer debts that are in default. True or False - False Collection activities on a portfolio of accounts that includes charge-offs purchased from another creditor, as well as late delinquency accounts owed to your own employer are governed by the FDCPA. True or False - True A validation notice must include the following: - The amount of the debt owed and the name of the creditor to whom the debt is owed. One acceptable form of validation or verification of debt is a court order of: - Judgment It is legal and appropriate to tell a debtor, within the first moth after placement of the debt for collection, that the balance of the account is due "immediately. True or False - False The Mini-Miranda applies only to the first written communication from a debt collector to a consumer. True or False - False