Such as when a creditor calls for you when you are not home...When they find out you are not home they ask for a spouse. They wont reveal information to anyone but you. I thought they could only give information to the person on the account. I am looking for a law or web page to refference.
FYI I dont need to hear from people who say I should pay my bills. I am doing research.
2006-11-28 13:07:47 · 6 answers · asked by npsems 1 in Business & Finance ➔ Credit
Actually in the state of Maine I believe its legal to tape a phone conversation as long as one person knows.
2006-11-28 13:34:09 · update #1
To answer your question very specifically, go to:
www.ftc.gov
You want to click on "Consumers" then look at the credit collection practices link and the credit reporting link. Here are the federal laws governing specifically what they can and can not do to collect a debt.
2006-11-28 13:15:33 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I don't know of any state where its LEGAL to reveal information, but I don't know any where its ILLEGAL either. I believe a creditor can reveal anything in an attempt to collect a rightful debt. Although they may not call you at work and cause you any embarrassment, or to lose your job, they can call until you ask them to stop. Check this site for more info. Hope this helps you! Good luck!
http://www.expert-credit-advice.com/consumer_financial_rights.htm
Fair Debt Collection Practices Act
The Fair Debt Collection Practices Act is designed to eliminate abusive, deceptive and unfair debt collection practices. It applies to third party debt collectors or those who use a name other than their own in collecting consumer debts. Very few commercial banks, savings banks, savings and loan associations, or credit unions are covered by this Act, since they usually collect only their own debts. Complaints concerning debt collection practices should generally be filed with the Federal Trade Commission.
2006-11-28 13:19:41 · answer #2 · answered by Tippy's Mom 6 · 0⤊ 0⤋
These states are called community property states. Creditors and go after the spouses of debtors in these states. Look up community property states or the FDCPA. In these states the spouses of the debtors are just a liable for the debt as the debtor themselves.
Arizona
California
Idaho
Louisiana
Nevada
New Mexico
Texas
Washington
Wisconsin
2006-11-28 13:14:02 · answer #3 · answered by Angela 2 · 0⤊ 0⤋
If you have a joint account with a lender, then the credit report for each spouse is available to the other spouse. Same goes for any relative/ friend/ aquaintance who is a cosigner for your, or if you are a cosigner for them. If you are a cosigner, you should be able to obtain that persons credit report because they have given you permission to do so because you are responsible for the loan if the other person falls through.
2006-11-29 02:37:57 · answer #4 · answered by designerista 4 · 0⤊ 0⤋
Unless you are jointly liable on the account, an authorized user, or your spouse has directly expressed permission for them to speak to you, they are likely in violation of privacy laws in speaking with you. You'd probably need to record the phone call for proof. And even though they tell you they are recording their phone calls, most collectors will not give you permission to record them yourself. And it is illegal to do so without their permission.
2006-11-28 13:13:00 · answer #5 · answered by Anonymous · 0⤊ 0⤋
the credit card company can only tell a spouse if the card holder makes them an "ok to speak with" on the account. it's illegal to tell someone that isn't an ok to speak with anything on the account
2006-11-28 15:57:38 · answer #6 · answered by Starry Eyes 5 · 0⤊ 0⤋