In Defense of Debt Collection

You know hypocrisy, as when the pot calls the kettle black? Well, this news report gives new meaning to the idea: 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. So the government is concerned about rough tactics, huh? Try skipping out on your taxes this year and see how rough the tactics can become. Try hiring an employee at less than the official wage floor and see what becomes of your business. Try to put a tool … Continue reading In Defense of Debt Collection