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mixer [17]
2 years ago
7

Looking at her report, jennifer realizes that her bank raised the rate on her last balance. Which federal legislation can she re

fer to in order to challenge her bank?
Business
1 answer:
krok68 [10]2 years ago
8 0

The Fair Debt Collection Practices Act Federal legislation can she refer to in order to challenge her bank.

The truthful Debt collection Practices Act  is the principle federal law that governs debt collection practices. It prohibits debt series businesses from using abusive, unfair or deceptive practices to gather money owed from you.

The Federal exchange fee  is the primary enforcement corporation for the. The diverse financial regulatory businesses enforce thefor the establishments they supervise. Neither the nor every other business enterprise may issue rules governing the gathering of client money owed with the aid of debt creditors

Law that prohibits third-party collection businesses from harassing, threatening and inappropriately contacting a person who owes cash.The only applies to consumer debts incurred for non-public or household expenses. It doesn't practice to company or business debts. government employees when accumulating debt of their authentic ability. Federal or state employees are exempt from the whilst accumulating money owed as a part of their official obligations.

Learn more about fair debt here:-brainly.com/question/25731182

#SPJ4

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