Today, I’m breaking down the difference between the FDCPA (Fair Debt Collection Practices Act) and the FCRA (Fair Credit Reporting Act).
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Credit repair is confusing… on purpose.
If you don’t know which law applies in which situation, you’ll send the wrong letter, contact the wrong entity, and never see results. That’s why today, I’m breaking down the difference between the FDCPA (Fair Debt Collection Practices Act) and the FCRA (Fair Credit Reporting Act).
Collectors and bureaus rely on people getting confused. Use the wrong law, and you lose your power instantly. But cite the right law, know exactly which statute they’re violating, and speak their language, and suddenly, they have to take you seriously.
By the end of this episode, you’ll know exactly how to use both laws to get results and stop getting played by collectors and bureaus.
Let’s jump right in.
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Key Takeaways:
00:00 Intro
01:15 Credit Repair Is Confusing… On Purpose
02:09 FDCPA vs FCRA
05:03 FDCPA Explained
06:32 FCRA Explained
07:33 Real World Examples
08:55 My Final Point
09:34 Outro
Additional Resources:
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