Question
. What is the purpose of the Fair Credit Billing Act and the Electronic Fund Transfer Act?
4. What is the purpose of the Fair Debt Collection Practices Act?
Answer
The Fair Credit Billing Act and the Electronic Fund Transfer Act protect consumers from inaccurate or unfair credit and debit billing and provide a process for resolving disputes. The Fair Debt Collection Practices Act protects consumers from abusive, deceptive, and unfair debt collection practices.