Outcry Rises as Debt Collectors Play Rough

[Sean Martin]

Outcry Rises as Debt Collectors Play Rough


The rise in American consumer debt has been accompanied by a sharp increase in complaints about aggressive and sometimes unscrupulous tactics by debt collection agencies, a phenomenon that has government regulators increasingly concerned.

In April, the Federal Trade Commission, which enforces the federal law that governs debt collection practices, reported that it received 66,627 complaints against third-party debt collectors last year — more than against any other industry, and nearly six times the number in 1999.


The agencies often buy the debt from more established companies for pennies on the dollar and seek to collect even if the debt has been paid or was never valid to begin with. Sometimes, consumers pay up simply because they are worn down by threats from the companies and fear damage to their credit rating.


One New York City victim, Judith Guillet, complained and filed a police report in 2003 after receiving a Chase credit card bill for $2,300, including five charges from Amoco gasoline stations in the Bronx. She has never owned a car or had a driver's license.

http://www.nytimes.com/2006/07/05/nyregion/05credit.html?_r=1&th&emc=th&oref=slogin

[Itz_molecular]

Outcry Rises as Debt Collectors Play Rough



Who do you think owns most of these debt collection agencies ?
Buying dept, for pennies on the dollar ?
Guess who they are hiring , as toughs to collect on dept , meet Jose .

( hey , you're really getting up there 4 red dots , you must have friends in low places or enemies in high ones . How do you rate so much attention ? )

[Sean Martin]

Here is the latest list of my negative rep. I didn't see what was wrong with those posts to anger everyone at once. 5 people logged on and went off on me in the space of about 6 minutes. Not likely.

Newly released files... 07-06-2006 11:23 PM
Martin Lindstedt trial... 07-06-2006 11:22 PM
Martin Lindstedt trial... 07-06-2006 11:19 PM
Man who broke the law... 07-06-2006 11:18 PM
Man who broke the law... 07-06-2006 11:17 PM




( hey , you're really getting up there 4 red dots , you must have friends in low places or enemies in high ones . How do you rate so much attention ? )

[Itz_molecular]

5 people logged on and went off on me in the space of about 6 minutes. Not likely.




Seems just a little unlikely ;)

[Save-the-USA]

It's party time when the credit is there.But when it comes time to repay it,it's a different story.

Then we talk about the Jews and collection practices.

Everyone here pays for defaulted debts when they make their credit card payments.

[Sean Martin]

There is a firm in New York (You know this has to be Jews) that is buying up delinquent land tax debts and such. They bought the entire lot of $400,000 from the county here. No doubt if these people don’t pay pronto and probably pay a huge interest rate Jews will invade this area.

It's party time when the credit is there.But when it comes time to repay it,it's a different story.

Then we talk about the Jews and collection practices.

Everyone here pays for defaulted debts when they make their credit card payments.

[odin]

Then we talk about the Jews and collection practices.I received an unsolicited offer for a line of credit from Citi bank. "Here, odin. You can consolidate all of your other credit card bills onto your Citi bank card and pay zero interest for six months." I have no credit card debt to consolidate. "Well then, take a cash advance! How's $15,000 sound?"

The devil is in the details, and so is the jew. In the small print is where they disclose that after the introductory period, the interest rate is 17.9%. And if you make ONE late payment...the interest rate jumps to 32.9%.

Obviously this is just what the kike wants. Get some poor slob to consolidate all their debt, or take a cash advance, and hope he is late once so they can gouge.

Just imagine how hard it would be to pay off a substantial debt at 32.9%. And they have the audacity (well, yeah, they're jews) to complain about people defaulting? Fuck them!

[Sean Martin]

I got a similar call last week. It was a pleasant sounding white woman at least. She said I should take the card, when I told her I don’t have outstanding debt she said it is nice to have and gave me a similar speech.

The only time I take on debt (in the last 6 years anyway) is when I buy something on a year same as cash, which is common for stores around here. This is a good promotion and handy if you need a new appliance. Usually I use the layaway plan most places have around here if I don’t need something for a while. Also interest and debt free, if you can’t pay you don’t owe.



I received an unsolicited offer for a line of credit from Citi bank. "Here, odin. You can consolidate all of your other credit card bills onto your Citi bank card and pay zero interest for six months." I have no credit card debt to consolidate. "Well then, take a cash advance! How's $15,000 sound?"

[Save-the-USA]

I received an unsolicited offer for a line of credit from Citi bank. "Here, odin. You can consolidate all of your other credit card bills onto your Citi bank card and pay zero interest for six months." I have no credit card debt to consolidate. "Well then, take a cash advance! How's $15,000 sound?"

The devil is in the details, and so is the jew. In the small print is where they disclose that after the introductory period, the interest rate is 17.9%. And if you make ONE late payment...the interest rate jumps to 32.9%.

Obviously this is just what the kike wants. Get some poor slob to consolidate all their debt, or take a cash advance, and hope he is late once so they can gouge.

Just imagine how hard it would be to pay off a substantial debt at 32.9%. And they have the audacity (well, yeah, they're jews) to complain about people defaulting? Fuck them!

Wholly crap !!

Don't get me wrong,I am not defending the jews or all the credit card scams.

Just the idea of "borrowing" money to get what a person needs or wants and when the bill comes-fuck'em- damn jews!

Then we ALL pay more for the people who default.

[Save-the-USA]

I got a similar call last week. It was a pleasant sounding white woman at least. She said I should take the card, when I told her I don’t have outstanding debt she said it is nice to have and gave me a similar speech.

The only time I take on debt (in the last 6 years anyway) is when I buy something on a year same as cash, which is common for stores around here. This is a good promotion and handy if you need a new appliance. Usually I use the layaway plan most places have around here if I don’t need something for a while. Also interest and debt free, if you can’t pay you don’t owe.

I see that you have over 6,000 posts here and I am new.

I would like to make a good start,but

Do you even understand what you are talking about?

Can I ask your actual age?

:) :)

[Sean Martin]

What did I say that was unclear to you?


I see that you have over 6,000 posts here and I am new.

I would like to make a good start,but

Do you even understand what you are talking about?

Can I ask your actual age?

:) :)

[Save-the-USA]

It just struck me as odd,thats all.Sounds more like a description of the twenties than 2006.

[Itz_molecular]

Wholly crap !!

Don't get me wrong,I am not defending the jews or all the credit card scams.

Just the idea of "borrowing" money to get what a person needs or wants and when the bill comes-fuck'em- damn jews!



There is an infinite difference between 'wants' and 'needs' .

What the articles won't tell you is , much of this debt is incurred over medical expenses and carried on credit cards .

Sure , the majority of people are foolish about credit. There is , however , a substantial number that use it for emergencies and become trapped .

( There is no excuse for those userous interest rates >20%, that is nothing more than legalized theft . )

[Itz_molecular]

Wholly crap !!

Don't get me wrong,I am not defending the jews or all the credit card scams.

Just the idea of "borrowing" money to get what a person needs or wants and when the bill comes-fuck'em- damn jews!

Then we ALL pay more for the people who default.

There is more to it than that. A lot of these card companies solicit 'sub-prime' borrowers, knowing full well that they will be unable to meet the payments . Just like the predatory lenders , who let mortgages to poor people knowing that they will foreclose on their homes .

As Odin pointed out, buried in the fine print is the astronomical interest rate for missed payments. That should be in BOLD print at the top of the first page . Kinda like putting ' warning this substance is toxic and dangerous to health ' at the bottom of a package. It can only be read after the container is empty .

An even dirtier trick , is to lend to people knowing that they will default on payments and use the 'defaulted' payment as a loss on the ballance sheet so they can deduct it as an expense to reduce the corporations tax bill .

[Proud White Guy]

I can tell, "Save The USA's" a youngin, but that's good he found this site, and was smart enough to come on board for an education. Good for you, Save the USA. :cheers:

The sub prime lenders are predatory, and that's a nice word for these pricks, they're all jews, and charge ridiculous interest rates. In some cases over a 100%. I think they should all have their ill gotten gains, shoved up their asses.

They love niggers an mexicans, cause they're stupid. These idiots can walk into a dealership, and buy a cheap ass Saturn(use any cheap car you like nissan sentra, whatever) for 15k, The dealer knows this too. Nigger boy likes his bling so they bend him over, for thousands on chrome wheels, and a 1000 watt stereo. When the dealer is happy they turned a piece of shit Saturn into a 35k dollar car. The jew banker takes over. Oh, Leroy, you don't have any money, that's too bad, and your credit score is 29. Well you have a problem Leroy, but we're here to help you.

We have a special ( jews love specials) we can do this for you for the lowly interest rate of 25%, but if you miss a payment, it goes to 35%, plus late fees, and all that, but not to worry. We know you've had problems in the past, so we're gonna give you the benefit of the doubt. Your new Saturn will only cost you, 800 dollars a month, for 29 years,lol.

Meanwhile, Leroy's dream car is sitting outside, parked right in front of him, so he can see it the whole time.

The jew knows the whole time, he's gonna have that car back within 3 months, and he will resell it, to another nigger or mexicoon, under the same terms, and on and on. That's how these pricks do it. That Saturn is worth a 100k to the jew.

This is why, Jooz love minorities.

The last few years they have been pulling this shit with housing too. Have you noticed how, in the last few years, there are a lot of niggers and mexicans, moving into nice White neighborhoods? You guessed it, that's the work of the jew too. You get em locked up in a variable, or interest only loan, and get em in the house. The payments are low, but it's all Leroy, or Juan can handle. Guess what, the interest rates go up, and so does the payment, and I know this will be a big surprise to you, but Leroy, and Juan can't make their payments. Again, the Jew repossesses the house, and resells it. any downpayment or improvments they put in the house, vanishes. They do this again and again.

The nice little bonus for the jews is, they have completely fucked up, what was once a nice White neighborhood, so they kill two birds with one stone.
Lesson #1 is over. glad you made it to VNN, stick around. you have a lot of very knowledgable people on this forum, that won't pull any punches, and give it to you straight. It'z has got it together, and there are a lot of other guys here that do too.

Credit sucks,period. I know its necessary to expand your businesses, and buying a house, and sometimes a nice car, but use your credit wisely.

Stick around for an education, you'll never get tihs in the Kommunist Kolleges.:cheers: Guaranteed.

[Itz_molecular]

This is why, Jooz love minorities.


Yep, they are easy to herd and fleece .

They are also infinitely replaceable , when one drops dead, there are three to take his place ( just like the jewish sugar plantations in the Caribbean , work them to death in 3 yrs and get a new one . The blacks have nerve talking about whites exploiting them, they know nothing of real exploitation . )

[Sean Martin]

Someone was talking about that a couple weeks ago (around here). you ought to make a dedicated thread to that subject to inform the rest of us.

I am intrested.

Yep, they are easy to herd and fleece .

They are also infinitely replaceable , when one drops dead, there are three to take his place ( just like the jewish sugar plantations in the Caribbean , work them to death in 3 yrs and get a new one . The blacks have nerve talking about whites exploiting them, they know nothing of real exploitation . )

[Save-the-USA]

I can tell, "Save The USA's" a youngin, but that's good he found this site, and was smart enough to come on board for an education. Good for you, Save the USA. :cheers:

The sub prime lenders are predatory, and that's a nice word for these pricks, they're all jews, and charge ridiculous interest rates. In some cases over a 100%. I think they should all have their ill gotten gains, shoved up their asses.

They love niggers an mexicans, cause they're stupid. These idiots can walk into a dealership, and buy a cheap ass Saturn(use any cheap car you like nissan sentra, whatever) for 15k, The dealer knows this too. Nigger boy likes his bling so they bend him over, for thousands on chrome wheels, and a 1000 watt stereo. When the dealer is happy they turned a piece of shit Saturn into a 35k dollar car. The jew banker takes over. Oh, Leroy, you don't have any money, that's too bad, and your credit score is 29. Well you have a problem Leroy, but we're here to help you.

We have a special ( jews love specials) we can do this for you for the lowly interest rate of 25%, but if you miss a payment, it goes to 35%, plus late fees, and all that, but not to worry. We know you've had problems in the past, so we're gonna give you the benefit of the doubt. Your new Saturn will only cost you, 800 dollars a month, for 29 years,lol.

Meanwhile, Leroy's dream car is sitting outside, parked right in front of him, so he can see it the whole time.

The jew knows the whole time, he's gonna have that car back within 3 months, and he will resell it, to another nigger or mexicoon, under the same terms, and on and on. That's how these pricks do it. That Saturn is worth a 100k to the jew.

This is why, Jooz love minorities.

The last few years they have been pulling this shit with housing too. Have you noticed how, in the last few years, there are a lot of niggers and mexicans, moving into nice White neighborhoods? You guessed it, that's the work of the jew too. You get em locked up in a variable, or interest only loan, and get em in the house. The payments are low, but it's all Leroy, or Juan can handle. Guess what, the interest rates go up, and so does the payment, and I know this will be a big surprise to you, but Leroy, and Juan can't make their payments. Again, the Jew repossesses the house, and resells it. any downpayment or improvments they put in the house, vanishes. They do this again and again.

The nice little bonus for the jews is, they have completely fucked up, what was once a nice White neighborhood, so they kill two birds with one stone.
Lesson #1 is over. glad you made it to VNN, stick around. you have a lot of very knowledgable people on this forum, that won't pull any punches, and give it to you straight. It'z has got it together, and there are a lot of other guys here that do too.

Credit sucks,period. I know its necessary to expand your businesses, and buying a house, and sometimes a nice car, but use your credit wisely.

Stick around for an education, you'll never get tihs in the Kommunist Kolleges.:cheers: Guaranteed.

Not quite as young as you might think but always willing to read and learn.

:cheers:

[Itz_molecular]

you ought to make a dedicated thread to that subject to inform the rest of us.

I am intrested.


I can't remember that much , or the sources :(

Just these simple facts. Blacks , as slaves in America lived to a ripe old age ( a sign of good care , abused people don't live long ) , compared to blacks in the Caribbean who died at early ages 20s and 30s or as children .

Black slaves in America had large families, a sign of good food , good care and a healthy environment ( starving or overworked people don't reproduce ). The children lived into old age, a certain sign of good natal and infant/child care. In the Caribbean Slaves rarely had children and if they did, most died in infancy ( as sure sign of abuse and deprivation ). The worst stats come from the jewish plantations . Jews have been in the Caribbean continuously longer than any group.