Answer:
False
Explanation:
The Fair Debt Collection Practices (FDCP) act of 1977 protects debtors from deceptive or incorrect practices when debt is collected especially from third party debt collectors. The FDCP states that:
- The debts included under this act are credit card debt, auto loans, medical bills, student loans, mortgage, and other household debts.
- Collectors can only contact debtors between 8 a.m. to 9 p.m., and they cannot contact a debtor at work.
- Collectors cannot contact anyone else related to the debtor regarding the debtor's debt.
- Collectors cannot harass the debtor, e.g. insult or make threats
- Collectors cannot lie to the debtor, e.g. lie about who they are, say that the loan's amount has increased
- Collectors can only take money form a paycheck if they have a court order that authorizes them
