There are a number of laws on the books to protect people who have bad credit ratings. These laws are important, and you should know about them in order to protect yourself from unfair practices performed by collection agencies. The federal Fair Credit Reporting Act (FCRA) was enacted to protect debtors from creditors and collection agencies. As a debtor, you have a right to ask creditors and collection agencies to stop hounding you. You must contact these agencies right away…