Possible policy and regulatory responses
Steps could be taken to crack down on criminal activity relating to the enforcement of loans. The difficulty, of course, is getting over stretch and under-resourc police forces to make this a priority.
Laws and regulations could be put in place that establish the standards to which money lender and debt collectors must comply. The following requirements provide an example of the matters that could be included in the standards.
A debt collector should only contact you when it is necessary to do so and when the contact is made for a reasonable purpose. A reasonable purpose includes: