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Debt collectors use heavy-handed tactics
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Mon Nov 1, 2010 CBC News
Canadians are getting deeper and deeper into debt. Since the mid-1980s, the average household debt load has climbed to 146 per cent of disposable income from 50 per cent, according to a recent TD Economics report. With rising debt comes debt collectors. They buy debt from credit card companies, utilities and other firms, and then try to get consumers to pay it back along with fees and penalties — sometimes using questionable tactics. Shauna Major's nightmare began with a $140 phone bill. |
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