View Single Post
Old 06-09-2016, 12:35 PM   #216
CorsiHockeyLeague
Franchise Player
 
CorsiHockeyLeague's Avatar
 
Join Date: Feb 2015
Exp:
Default

Oh, okay. Well, these things may be connected, but aren't necessarily. For example, there's absolutely no reason to think that the list of people described in the bit aren't just being sued for old credit card debt (seems statistically likely to me given what I've read about debt rates in the past).

I'd say that predatory lending is a totally separate industry than debt buying, even though they're linked. The regulations needed in the former sphere are unrelated to whatever regulations you think should be imposed on the latter.
__________________
"The great promise of the Internet was that more information would automatically yield better decisions. The great disappointment is that more information actually yields more possibilities to confirm what you already believed anyway." - Brian Eno
CorsiHockeyLeague is offline   Reply With Quote
The Following User Says Thank You to CorsiHockeyLeague For This Useful Post:
GGG