Increase Debt Repayment with Fair Debt Collection Act (FDCA) - Essay Sample

Introduction

The Fair Debt Collection Act (FDCA), was implemented in the U.S as a result of debtors who refuse to pay their credit or loans (Fedaseyeu, 2015). It constitutes the use of third-party debt collection companies. Credit organizations outsource to these debt collection agencies to increase the chances of the defaulting borrowers paying their loans. These agencies may use practices that are harsher than what the creditor would use as a motivation to repay because studies have indicated that some borrowers can only repay their loans when presented with harsh debt collection practices (Fedaseyeu, 2015). This is observed to improve consumer welfare; however, some instances of decreased consumer welfare have also been reported where third-party debt collectors are involved. Similar to FDCA, the Federal Truth in Lending Act (FTLA) of 1968 was put in place as a government intervention to try and eliminate redlining and lending discrimination in small business markets and mortgage in the U.S (Immergluck, 2016). The government offers this support through the maintenance of significant regulatory infrastructure as well as secondary markets' subsidization. This ensures consumer protection and promotes fair lending.

Is your time best spent reading someone else’s essay? Get a 100% original essay FROM A CERTIFIED WRITER!

Order now

A significant difference between the FDCA and the FTLA is the fact that the latter is government controlled while individuals or agencies operate FDCA. The government provides the support required to run the regulatory infrastructure as well as financial intervention in the form of subsidies (Immergluck, 2016). On the other hand, FDCA is the intervention by debt collection agencies as authorized by credit organizations to ensure that defaulting borrowers repay their loans. The agencies may use harsh practices to ensure that the loans are repaid (Fedaseyeu, 2015).

Providers and Denying Care

It is improper and against the code of conducts and ethics for a care provider to deny care to a patient unless the circumstances under which the attention is being required do not permit for care to be provided. Care is a basic necessity and a significant part of our existence without which life would be unbearable. Numerous studies were undertaken to determine whether care providers should deny care to anyone have provided mixed results hence; different conclusions. For instance, a study aimed at establishing whether patients with Borderline Personality Disorder (BPD) should be denied care reported that once a patient is diagnosed with BPD, they are clinically given the 'difficult' status and are removed from the care system (Sulzer, 82). This is done through either indirect or direct means.

Quid Pro Quo and Hostile Work Environment

The main difference between a quid pro quo and a hostile work environment is dependent on the parties involved (Holland & Lilia, 83). Even though they are both forms of sexual harassment and gender discrimination in the workplace, they take different outlooks. Decisions attributed but not limited to hiring, promotion, shift changes, and firing in a quid pro quo are tied to sexual favors and usually involve people in positions of power; managers, CEOs, and executives. Hostile work environment, on the other hand, is conduct that unreasonably interferes with an individual's ability to perform work by creating an offensive, intimidating, and unconducive work environment. It is regarded as how the complaint was responded to rather than who perpetrated the act (Holland & Lilia, 83). Employment benefits are not at risk under a hostile work environment as opposed to quid pro quo.

Legal and Illegal Interview Questions

Legal interview questions are those that are structured around the job description for the position looking to be filled (Steingold, 2017). Questions regarding the duties to be fulfilled, career opportunities to be expected, and the pay range are all legal in an interview. However, questions that seem to concentrate on the applicant's race significantly, religion, marital status, ethnicity, and other information that could be used to discriminate against employees are illegal (Alonso, Pamela, Silvia Moscoso, & Jesus, 15). The primary purpose of conducting interviews is to find the best match for a job based on their experience, skills, education, and other qualifications deemed relevant to that position, but not based on the personal information of the applicant.

Influence of Economics

Effectiveness and efficiency in health care systems are hindered by economic constraints which then necessitates for the analysis of the performance of nurses. The restructuring of healthcare organizations to reflect the value, the effectiveness of care and safety accorded to patients using the Structural Equation modeling has promoted a cost-containment environment (Amaral, Antonio &Telma, 757). Also, healthcare is increasingly becoming expensive, and studies have reports that the U.S continues to use a significant amount of its Gross Domestic Product (GDP) on healthcare as compared to other countries. It is also evident that nursing services are among the vastly used hospital services yet economically, they are poorly measured. The availability of economics in nursing promotes the intensity and quality of care to patients as well as improving on the hospital image and revenue (Lasater, 221). It also allows nurses to take part in policy and decision-making processes (Johansen, Mary & Janice, 2016).

Works Cited

Alonso, Pamela, Silvia Moscoso, and Jesus F. Salgado. "Structured behavioral interview as a legal guarantee for ensuring equal employment opportunities for women: A meta-analysis." The European journal of psychology applied to legal context 9.1 (2017): 15-23.

Amaral, Antonio Fernando Salgueiro, and Telma Vidinha. "Implementation of the nursing role effectiveness model." International Journal of Caring Sciences 7.3 (2014): 757.

Fedaseyeu, Viktar, and Robert M. Hunt. "The economics of debt collection: enforcement of consumer credit contracts." (2015).

Holland, Kathryn J., and Lilia M. Cortina. "Sexual harassment: Undermining the wellbeing of working women." Handbook on the well-being of working women. Springer, Dordrecht, 2016. 83-101.

Immergluck, Dan. Credit to the Community: Community Reinvestment and Fair Lending Policy in the United States: Community Reinvestment and Fair Lending Policy in the United States. Routledge, 2016.

Johansen, Mary L., and Janice L. O'Brien. "Decision making in nursing practice: A concept analysis." Nursing forum. Vol. 51. No. 1. 2016.

Lasater, Karen B. "Invisible economics of nursing: analysis of a hospital bill through a Foucauldian perspective." Nursing philosophy: an international journal for healthcare professionals 15.3 (2014): 221.

Steingold, Fred S. The employer's legal handbook: Manage your employees & workplace effectively. Nolo, 2017.

Sulzer, Sandra H. "Does "difficult patient" status contribute to de facto demedicalization? The case of borderline personality disorder." Social Science & Medicine 142 (2015): 82-89.