The Ultimate Fair Debt Collection Act Quiz
by Staff
Not being able to pay a debt you have incurred can be a very unpleasant situation, and debt collection agencies might make it even worse. But what are the limits of the ways they can attempt to collect their debts? Take this quiz to see how much you know about the Fair Debt Collection Practices Act.

As of 2007, what was the approximate average amount of consumer debt per U.S. citizen?

  • 2100
  • 8200
  • 13500

Changes in what type of laws were responsible, in part, for the increase in U.S. consumer debt?

  • bankruptcy-protection
  • debt collection
  • consumer protection

Complaints against debt collection agencies was approximately how much greater in 2007 than in 1999?

  • twice as many
  • four times as many
  • six times as many

Which U.S. government agency oversees the Fair Debt Collection Practices Act (FDCPA)?

  • Federal Trade Commission
  • Interstate Commerce Commission
  • United States Commercial Service

In what year did the FDCPA become law?

  • 1977
  • 1990
  • 2006

What rules apply to the collection practices of individual creditors?

  • state laws
  • the Federal Debt Collection Practices Act
  • none

Debt collectors are prohibited by the FDCPA from contacting debtors by what means?

  • postcard
  • fax
  • telegram

What is the latest that a debt collector is allowed to call you, according to the FDCPA?

  • 8:00 p.m.
  • 9:00 p.m.
  • 10:00 p.m.

Is a debt collector permitted to call you at work?

  • yes
  • no
  • only if your employer permits such calls

What are debt collectors allowed to discuss with your friends, family members or employers?

  • your contact information
  • your debt
  • your finances

What is it illegal for a debt collector to charge you for?

  • phone calls and postage
  • credit card interest
  • anything above 90% of what you owe

How can you legally prevent a debt collection agency from contacting you?

  • sending them a letter requesting that they stop
  • having a lawyer call them
  • paying off 51% of your debt

How long does a debt collector have to respond to a requested debt validation?

  • one week
  • 10 business days
  • 30 days

If you sue a collection agency and win, how much might you be entitled to?

  • their dropping their claims against you
  • court costs
  • 10000

What should you do to prevent future debt collection if you are the victim of identity theft?

  • Report the fraud to the credit agencies.
  • File a report with the Federal Trade Commission.
  • Cancel all your credit cards.