What are the effects of collection practices on consumers?
Collection practices can significantly affect consumers' financial health, credit scores, and mental well-being.
Can you explain how aggressive collection tactics impact mental health?
Aggressive tactics can lead to anxiety, stress, and feelings of helplessness, affecting overall mental health.
What are some fair collection practices that protect consumers?
Fair practices include transparent communication, reasonable payment plans, and respecting consumers' rights.
How can consumers protect themselves from unfair collection practices?
Consumers can educate themselves about their rights, keep records of communications, and report violations.
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