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Personal Finances / Credit Cards and Consumer Debt
|Subject: Re: A new breed of debt collector.||Date: 10/13/2013 5:39 PM|
|Author: SeattlePioneer||Number: 307328 of 308881|
<<I'm not going to respond to any more bizarre responses from you unless you can explain, calmly and carefully, why having a helpful debt collection agency is awful. >>
Compare the idea to the seven day instantloan companies.
A perfectly good idea in theory but the conditions of use invite abuse.
I can certainly imagine collection agencies offering extensions on payments provided that debtors sign a confession of judgement which avoids the need to go to court and other onerous terms.
But keep imagining sweetness and light if that appeals to you.
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