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Financial mentors report aggressive debt collection tactics, urging a review of the Fair Trading Act.
Financial mentors have reported hundreds of cases to the Commerce Commission about aggressive debt collection tactics, including intimidation and coercion.
They are calling for a review of the Fair Trading Act to set clearer guidelines for debt collectors and improve regulatory action.
The Commerce Commission has received 208 complaints in the last year and is focusing on protecting vulnerable consumers, though it needs substantial evidence to take action.
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Los mentores financieros informan de tácticas agresivas de cobro de deudas, instando a una revisión de la Ley de Comercio Justo.