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Exam CRCM topic 1 question 159 discussion

Actual exam question from ABA's CRCM
Question #: 159
Topic #: 1
[All CRCM Questions]

Validation of debt says:

  • A. Consumer must be sent debt validation in writing within five calendar days of initial communication unless information is contained in initial communication or unless consumer pays the debt
  • B. If consumer disputes a debt in writing within 60 days, all collection activity must stop until the debt is verified
  • C. If consumer disputes a debt in writing within 15 days, all collection activity must stop until the debt is verified
  • D. If a consumer owes multiple debts and makes any multiple payments, debt collector must apply to debt in accordance with the consumer's direction
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Suggested Answer: A 🗳️

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Dex24
5 months, 2 weeks ago
A, page 181.
upvoted 1 times
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