Very informative, however, if a person lives within their means and does not incur the debt in the first place there would be no need for the collectors. The situation of debt is not the fault of the lender, no one is forced in any way to borrow. If the debt is honoured in the first place by the borrowers, these situations would not occur. If a person borrows to purchase toys, tv, games, boats,etc because they have to have it now,,,whose fault? Certainly not the lender, if a person over spends their income, whose fault? Again, not the lender. Honourable people repay their debts. There are some situations such as loss of job, sickness that may be accepted. I have no pity for those who, attempt to Sherk their obligations. Credit card acquisition is the same as self enslavement, nobody twisted anyone's arm to make a person obtain a credit card. It is the greed of the borrower, not of the lender, who lends the money, expecting to be paid back. My personal feeling is, I would rather give than lend and I would rather save than borrow.
Upvoted followed also resteemed.................billytwohearts.