Current Events > Debt companies buy debt at pennies on a dollar...

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IdiotMachine 02/05/18 9:29:51 PM #1:	Why can't consumers do that with the banks, and just cut out the middle man...? <cite>IdiotMachine posted [p:895539104] in Debt compa... [t:76287587]...</cite> <quote>Why can't consumers do that with the banks, and just cut out the middle man...?</quote> ... Copied to Clipboard!
synth_real 02/06/18 12:21:25 AM #2:	Because then they'd have no incentive to pay back their loans properly. When a debt collector does it, the debtor gets a bunch of harassing phone calls and bullshit to put up with --- "I'm the straightest guy on this board. I'm so straight that I watch gay porn." - Smarkil <cite>synth_real posted [p:895549269] in Debt compa... [t:76287587]...</cite> <quote>Because then they'd have no incentive to pay back their loans properly. When a debt collector does it, the debtor gets a bunch of harassing phone calls and bullshit to put up with</quote> ... Copied to Clipboard!
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