Amendment to the Fair Debt Collection Practices Act
The Economic Growth and Regulatory Paperwork Reduction Act of 1996 amended the Fair Debt
Collection Practices Act. The amendment became effective on December 30, 1996, and applies
to all communications with consumers relating to debt collection after September 30, 1996.
The amendment to Section 807(11) of the Fair Debt Collection Practices Act (15 U.S.C.
“(ll) The failure to disclose in the initial written communication with the consumer and,
in addition, if the initial communication with the consumer is oral, in that initial oral
communication, that the debt collector is attempting to collect a debt and that any
information obtained will be used for that purpose, and the failure to disclose in
subsequent communications that the communication is from a debt collector, except that
this paragraph shall not apply to a formal pleading made in connection with a legal
For further information, please contact Louise Kotoshirodo, Review Examiner in the FDIC’s
Division of Compliance and Consumer Affairs, on (202) 942-3599.
Carmen J. Sullivan
Distribution: FDIC-Supervised Banks (Commercial and Savings)
Note: Paper copies of FDIC financial institution letters may be obtained through the FDIC’s
Public Information Center, 801 17th Street, N.W., Room 100, Washington, D.C. 20434 (8-276-
6003 or (703) 562-2200).