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Removing the ability to effectively service non-performing debt would simply drive up the cost of borrowing for people that need it. Debt collectors are a neces
by tlonny 3y ago
Removing the ability to effectively service non-performing debt would simply drive up the cost of borrowing for people that need it. Debt collectors are a necessary evil...
> This debt doesn't come from people like you and me. They come from people who literally don't understand what debt is and have been fooled into a life of poverty. That's who's being targeted here.
Exactly - the problem isn't debt collectors, its predatory lending.