What rights do consumers possess when dealing with debt collection agencies in Dubai?
Dealing with debt collection Dubai agencies can be a stressful and intimidating experience for consumers in Dubai, as it is in many other parts of the world. However, consumers in Dubai do have certain rights and protections to ensure fair and ethical debt collection practices. Here are some key aspects to consider: Regulatory Framework : Debt collection in Dubai is regulated by the UAE Central Bank and the UAE Cabinet Resolution No. 57 of 2018. These regulations aim to promote fair and transparent debt collection practices. Privacy and Confidentiality : Debt collection agencies in Dubai are required to maintain the privacy and confidentiality of the debtor's information. Without your consent, they cannot disclose your debt to third parties, such as family members, friends, or employers. Communication : Debt collectors must adhere to specific communication guidelines. They are prohibited from using abusive, harassing, or threatening language when contacting debtors. Contact shou...