802. Congressional
findings and declarations of purpose [15 USC 1692]
(a) There is abundant evidence of the use
of abusive, deceptive, and unfair debt collection practices
by many debt collectors. Abusive debt collection practices contribute
to the number of personal bankruptcies, to marital instability,
to the loss of jobs, and to invasions of individual privacy.
(b) Existing laws and procedures for redressing
these injuries are inadequate to protect consumers.
(c) Means other than misrepresentation or
other abusive debt collection practices are available for the
effective collection of debts.
(d) Abusive debt collection practices are
carried on to a substantial extent in interstate commerce and
through means and instrumentalities of such commerce. Even where
abusive debt collection practices are purely intrastate in character,
they nevertheless directly affect interstate commerce.
(e) It is the purpose of this title to eliminate
abusive debt collection practices by debt collectors, to insure
that those debt collectors who refrain from using abusive debt
collection practices are not competitively disadvantaged, and
to promote consistent State action to protect consumers against
debt collection abuses.
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