April 1, 2009
Yesterday evening, on MPR’s Marketplace, John Dimsdale reported on private equity firms that may buy up bad debts under the government’s economic recovery plan. In the report, he referred to the business of servicing bad credit card debts as “collecting payments from deadbeat borrowers.” Here is the segment:
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With unemployment at its highest in decades, many [...]
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March 27, 2009
Tonight, Dateline took a good, hard look at the debt collection industry. Dateline went the extra mile to show that, for many collection agencies, abusive tactics are the rule, not the exception.
Dateline even tracked down a debt collector who lied about being a Maryland sheriff, lied about being a lawyer, and scared the living hell [...]
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