Author Topic: Study: 35 percent in US facing debt collectors  (Read 373 times)

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Online rangerrebew

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Study: 35 percent in US facing debt collectors
« on: July 29, 2014, 09:51:27 AM »
« Last Edit: July 29, 2014, 09:52:25 AM by rangerrebew »
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Offline Dexter

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Re: Study: 35 percent in US facing debt collectors
« Reply #1 on: July 29, 2014, 10:50:39 AM »
It'd be interesting to see the average ages of these people in debt.
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Offline massadvj

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Re: Study: 35 percent in US facing debt collectors
« Reply #2 on: July 29, 2014, 11:01:59 AM »
I ave excellent credit but must include myself in this population of people who have had collection agency referrals.  In my case it was an Earthlink account that I had cancelled but they just kept sending me a bill.  When I refused to pay they referred it to a collection agency.  I wonder what percentage of these collections are intenet subscription scams that are like Energizer bunnies.
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Offline Dexter

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Re: Study: 35 percent in US facing debt collectors
« Reply #3 on: July 29, 2014, 11:04:24 AM »
I ave excellent credit but must include myself in this population of people who have had collection agency referrals.  In my case it was an Earthlink account that I had cancelled but they just kept sending me a bill.  When I refused to pay they referred it to a collection agency.  I wonder what percentage of these collections are intenet subscription scams that are like Energizer bunnies.

I have a bill in collections from Verizon that I refuse to pay on principal. I cancelled my account and they charged me for a month I didn't use. I argued with them about it for an hour and they refuse to drop the charge.
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Online 240B

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Re: Study: 35 percent in US facing debt collectors
« Reply #4 on: July 29, 2014, 11:19:22 AM »
I have so much debt out there, I will never see a tax refund for the rest of my life. I have child support, state tax due, student loan, credit cards, and on and on and on. Every time I make a dollar, I have 10 people lined up taking a piece of it.
 
The credit cards were insane. They signed me up for what they called 'credit protection'. So I accidentally went over-charge when I bought a soda from a vending machine. This kicked in the 'credit protection', and they charged me $35 for a $1 charge. So what is that, 350% interest? Not APR, but on the spot. Good luck getting me to pay that.
 
The last thing I need is any kind of credit. Don't need it. Don't want it. If I can't buy it, then I don't need it. Also, it acts as a LifeLock credit protection. I have already had scammers trying to take out credit and loans in my name, and they were summarily slapped down. That is just how I like it.
 
 
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Re: Study: 35 percent in US facing debt collectors
« Reply #5 on: July 29, 2014, 03:01:45 PM »
I have so much debt out there, I will never see a tax refund for the rest of my life. I have child support, state tax due, student loan, credit cards, and on and on and on. Every time I make a dollar, I have 10 people lined up taking a piece of it.
 
The credit cards were insane. They signed me up for what they called 'credit protection'. So I accidentally went over-charge when I bought a soda from a vending machine. This kicked in the 'credit protection', and they charged me $35 for a $1 charge. So what is that, 350% interest? Not APR, but on the spot. Good luck getting me to pay that.
 
The last thing I need is any kind of credit. Don't need it. Don't want it. If I can't buy it, then I don't need it. Also, it acts as a LifeLock credit protection. I have already had scammers trying to take out credit and loans in my name, and they were summarily slapped down. That is just how I like it.
 
 

isn't bankruptcy an option?

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Re: Study: 35 percent in US facing debt collectors
« Reply #6 on: July 29, 2014, 11:00:05 PM »
No need for bankruptcy. When you are broke as hell and living hand to mouth, who needs it? That is power of being totally crazy. Nothing can affect you. Because you have no limit to what you may do next. I could just take off, to anywhere I don't even know. Who is going to find me?
 
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You cannot "COEXIST" with people who want to kill you.


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