Debt Buyers Beware – John Oliver’s on the Case

Have you ever heard of a “debt buyer?” Chances are you have not. A debt buyer is a particularly insidious type of debt collector. Debt buyers purchase charged off debt from original creditors such as credit card companies, lenders on repossessed automobiles or payday loan lenders. The debt buyer purchases charged off accounts for pennies on the dollar and then pursues the debto ...Read the full article

Last Week Tonight with John Oliver: Debt Buyers (HBO)

Companies that purchase debt cheaply then collect it aggressively are shockingly easy to start. We can prove it! Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight Visit our official site for all that other stuff at once: http://www.hbo.com/lastweektonight