We speak a lot about the atrocities that take place day in and day out in the debt collection industry.
Debt collection is big business and vital to the economy but for the most part typical debt collectors don’t feel ethics apply to them. They continually harass and abuse good people who are simply down on their luck.
Recently, USA Today wrote an editorial entitled, “Debt Collection Abuses Cry Out For New Rules.” The article showcases some of the most despicable actions of typical debt collectors including,
- threatening to dig up the dead daughter of a debtor and hang her from a tree
- having employees pose as attorneys and process servers to deliver legal papers
- trying to collect on expired debt by failing to tell debtors it had past the statute of limitations
Mainstream articles such as this one are making these alleged abuses public on a regular basis. With the recent $26 billion settlement for the robo-signing mortgage crisis, attorneys general are ready to set their sights on the next major consumer issue, unethical debt collection.
The future looks bright for Ropay and all of our investors as we will be able to help thousands of good people (ethically, honestly, and with integrity) who are simply going through a rough patch and make our investors a lot of money in the process.
Do Good and Make Money!