Under the Fair Debt Collection Practices Act,a Collection Company Is

question 24

Multiple Choice

Under the Fair Debt Collection Practices Act,a collection company is legally permitted to:

• A) call the debtor between 8 a.m. and 9 p.m.
• B) call acquaintances of the debtor to locate the debtor.
• C) contact the debtor at work if not prohibited by the employer.
• D) All of the above are permissible.

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Definitions:

Consumer Price Index

A gauge that tracks the average variation over time in the prices urban consumers pay for a collection of consumer goods and services.

Producer Price Index

An economic indicator representing the average change over time in the selling prices received by domestic producers for their output.

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, used to track changes in living costs.

Consumer Price Index

A measure that determines the average movement over time in the pricing urban shoppers pay for a selected assortment of consumer goods and services.