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Welcome, Logic Should Prevail

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Joined on 3/22/2011

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Smart SpendingCOMMENT

Are debtors prisons coming back?

It is disturbing that Collection Agencies and PayDay Loan Companies can manipulate the legal system to jail debtors. First of all Collection Agencies typically buy Credit Card Debt from Issuers that have already factored in an approximate default rate of 5% into their 18% plus interest rates charged and substantial "pe...more
3/22/2011
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