Which act prohibits deceptive or abusive conduct by third-party debt collectors?

The Fair Debt Collection Practices Act is specifically designed to protect consumers from unfair, deceptive, or abusive conduct by third-party debt collectors. This legislation establishes rules governing how collection agencies can operate, ensuring that they engage in ethical behavior when attempting to collect debts. It prohibits practices such as harassment, false representation, and improper communication with third parties about the consumer's debts.

This act plays a crucial role in balancing the rights of consumers against the need for creditors to collect on debts. By setting clear boundaries for how collectors can interact with debtors, it helps to promote fair treatment and accountability in the debt collection industry.

The other acts mentioned serve different purposes, such as regulating credit reporting, providing disclosure requirements for credit cards, and enforcing equal credit opportunities. Therefore, while they are all important pieces of legislation that play a part in consumer protection and finance, they do not specifically address the conduct of debt collectors as the Fair Debt Collection Practices Act does.