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Managing commercial collection agency is next ‘battle’ in war on payday lending November 29, 2020

Posted by ambubhai in : extended payday loans , add a comment

Managing commercial collection agency is next ‘battle’ in war on payday lending

The battle that is next the war against high-cost loan providers ended up being the battle for laws and regulations forcing collectors to accept “affordable” repayment schedules for borrowers.

“collectors utilize techniques that add up to harassment included in their collection techniques,” law lecturer Victoria Stace from Victoria University of Wellington told a seminar on monetary ability in Auckland on Friday. (more…)

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