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Thursday, July 28, 2005
As Debt Collectors Multiply, So Do Consumer Complaints
"In every sector, there are bad apples, but 95 percent of all debt buyers are good, nice business people," said Warren Dedrick, chairman of Marlin Integrated Capital Holding Corp., a large buyer of medical and utility debt.

So according to this guy from a debt collection agency, one in twenty debt collectors are in fact not good and nice people. One in twenty. This in the context of an article pointing out that debt collectors use abusive and illegal techiniques. That's not really a ringing endorsement of the debt collection industry if one in twenty are acting in an abusive and illegal fashion. A similar ratio at GW Law or Goshen would mean that there are about fifty students who cheat on their exams.

You can read the full article here.

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