The Fair Debt Collection Practices Act (FDCPA) is a federal statue which applies to any person or company that regularly collects the debts of another. Employees of debt collection and debt buyer agencies must comply with the FDCPA. Law firms and lawyers must comply with the FDCPA, if they regularly engage in debt collection activities.

Debt stress is one of the greatest problems that America has today -next to obesity. What many Americans do not realize is that they are not alone when it comes to trying to pay their bad debts. In fact, the average American now has over $10,000 or more in debt that they cannot pay because of low income.

If you are thinking of getting a credit card, it is best to find out about the various credit card services before doing so.