FDCPA (Fair Debt Collection Practices Act)

Approved in 1977, the Fair Debt Collection Practices Act allows for legal consumer protection against abusive debt collection practices.

Related Terms

  • COR (Notification of Change)

    A COR entry is initiated by a receiving depository financial institution (RDFI) to inform an originator of incorrect information submitted in an entry. The originator must correct...

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  • RCK (Re-presented Check)

    An additional presentment of an eligible returned paper check through the ACH network.

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