Recieved a letter after 9 years from collections company

file_wizzard

Harassed wrote:

Not avoidance. However, avoiding paying a parasitic debt buyer, which is highly likely in this case, is a different matter.

Why should these leeches, who have paid pennies in the pound for a debt profit from the majority's ignorance of the law? If you want 'fair' then these 'people' should be paid exactly what they paid for the debt - and not a penny more.

Why Parasitic? , that would imply that they use all the available resources of a host then move on regardless of their consequences. Surely this logic could be applied to someone who has taken out credit with one lender after another and is trying their best to avoid paying any of it back ?

If someone has borrowed money from you personally would you find it acceptable for them to default on your agreement then pay you back a small percentage ( if any ) of what you had leant?

I appreciate that this is not a direct comparison, however it is food for thought