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Fair Debt Collection and Federal Food, Drug, Cosmetic Act

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How does the Fair Debt Collection Practices Act benefit consumers?
Why was the Federal Food, Drug, and Cosmetic Act passed?

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As the American economy continues to recover from financial recession, the Federal Trade Commission has become busier than ever to uphold laws, policies, morals, and ethics to protect consumers from financial and product fraud. The unemployment rate continues to vary by quarter that impacts how consumers are able to pay debts on services and services. In saying this, collection agencies purchase and pursue these debts at all cost. Below we'll discuss how the Fair Debt Collection Practices Act benefit consumers as well as why the Federal Food, Drug, and Cosmetic Act was passed.

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The following posting helps with a problem involving fair debt collection and the federal food, drug and cosmetic act. References are included in the solution.