"It might be Occupy’s most radical idea: buy up overdue debt on the secondary market and cancel it, leaving lucky people across the country debt free."
If you really think about this -- the ones that will truly benefit are going to be the banks who get this debt off their balance sheet. It would take a lot of legal maneuvering to stop turn around the credit-report hit.
Read more in Fast CoExist.
If you really think about this -- the ones that will truly benefit are going to be the banks who get this debt off their balance sheet. It would take a lot of legal maneuvering to stop turn around the credit-report hit.
Read more in Fast CoExist.