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Debt Collectors: The Good, the Bad…

by Todd Green, The Credit Pro

Caroline Mayer of The Washington Post has written an interesting article outlining two studies done on the debt collection industry.  These opposing studies were prepared by ACA International representing the debt collectors and by the Federal Trade Commission in defense of the consumer.  Interestingly, Ms. Mayer unexpectedly concluded that the dept collector study was quite intriguing instead of being ”self-serving dribble.”

From The Washington Post: Debt Collectors: The Good, the Bad…

Debt collectors are good for you–and the economy!   

 

I bet you didn’t know that. Neither did I until I read the latest study from ACA International, the association that represents debt collectors. Normally I would throw such a study away, discounting it as self-serving dribble. But the study’s findings are so intriguing I had to share them. And of course, I’d love to hear your thoughts on them:

(This article continues at The Washington Post…)

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