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: Caveat Emptor

Are we a nation of deadbeats?

By Sam Glover

Yesterday evening, on MPR’s Marketplace, John Dimsdale reported on private equity firms that may buy up bad debts under the government’s economic recovery plan. In the report, he referred to the business of servicing bad credit card debts as “collecting payments from deadbeat borrowers.” Here is the segment: /* With unemployment at its highest in decades, many [...] Related posts:

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Full post as published by Caveat Emptor on April 01, 2009 (boomark / email).

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