Tim has been approached by Kent,his best friend,regarding Tim's credit card debt with 1st Security One.1st Security One previously informed Kent that Tim was in default on his credit card debt,and encouraged Kent to tell his friend to "do the right thing." Kent says he has come to get assurance that Tim will make the required payment.Which of the following legislation has 1st Security One violated by informing Kent of Tim's debt?

Question

Quizplus · Accepted Answer

1st Security One has violated the Fair Debt Collection Practices Act, which prohibits debt collectors from disclosing a consumer's debt to a third party, except in limited circumstances, such as obtaining location information about the consumer. By informing Kent of Tim's debt and encouraging him to "do the right thing," 1st Security One has violated this act.

Tim Has Been Approached by Kent,his Best Friend,regarding Tim's Credit