4 ms·
>"Yeah, good luck collecting, suckers." They don't have to collect, they just ruin your credit and make your life difficult. That's what they do now.
by bogomipz 9y ago
>"Yeah, good luck collecting, suckers."
They don't have to collect, they just ruin your credit and make your life difficult. That's what they do now.
- PeterisP 9y agoYou can make it illegal for them to do so; many countries require lenders to ensure that they clear any marks on your credit if the claim is disputed and they can't prove it's you; saying "Bob took money from me and didn't give it back" is clearly libel if they can't prove it's true. You don't even have to go to court for that; you simply dispute it and either it goes away or they charge you with fraud if the prosecutor believes that they have solid evidence that it's really you and you're intentionally scamming them. There are options that have been tried, they're just difficult for USA to adopt because of reasons mostly tied to the weirdness of identity and IDs in USA.