murray-wrathbard:

memewhore:

that soup was for my family!!! nooooooooo

skookworks:

crysonna:

mostlysignssomeportents:

Paying consumer debts is basically optional in the United States

ALT

The vast majority of America’s debt collection targets $500-2,000 credit card debts. It is a filthy business, operated by lawless firms who hire unskilled workers drawn from the same economic background as their targets, who routinely and grotesquely flout the law, but only when it comes to the people with the least ability to pay.

America has fairly robust laws to protect debtors from sleazy debt-collection practices, notably the Fair Debt Collection Practices Act (FDCPA), which has been on the books since 1978. The FDCPA puts strict limits on the conduct of debt collectors, and offers real remedies to debtors when they are abused.

But for FDPCA provisions to be honored, they must be understood. The people who collect these debts are almost entirely untrained. The people they collected the debts from are likewise in the dark. The only specialized expertise debt-collection firms concern themselves with are a series of gotcha tricks and semi-automated legal shenanigans that let them take money they don’t deserve from people who can’t afford to pay it.

There’s no better person to explain this dynamic than Patrick McKenzie, a finance and technology expert whose Bits About Money newsletter is absolutely essential reading. No one breaks down the internal operations of the finance sector like McKenzie. His latest edition, “Credit card debt collection,” is a fantastic read:

https://www.bitsaboutmoney.com/archive/the-waste-stream-of-consumer-finance/

Keep reading

Never consolidate student loans

Never admit to a debt over the phone or give any allusion to doing so, it will get recorded.. and then it will become your debt

Demand written itemized details of all debt

Reject anything weird on your credit report…every single year. All three. They have a limited amount of time to prove it’s valid or they have to remove it… FOREVER.

Read. Learn. If you don’t have debt, someone you know and care about probably does.

oldshowbiz:

Another woke comedian opposed to free speech…

depsidase:

last-to-the-orgy:

citizenscreen:

Bette Davis at home, 1931 #DailyBette

huh. would you look at that.

she has her eyes.

jacobtheloofah:

i-was-today-years-old-when:

i learned that there’s a Japanese beetle that when eaten by a frog will haul ass through its digestive system and escape out the back end unscathed (x)

you eat me and i perfectly dodge all of your digestive enzymes and stomach acid and i sprint out your asshole fully intact

chew. your. food.

depsidase:

poisons children