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A Credit Terrorist?



January 25, 2010 – Comments (3)

The story of a man that has turned the tables on collections agencies/departments and made money in the process.

I offer this link with no comment.

Do be prepared for a lengthy read. It covers six pages.

3 Comments – Post Your Own

#1) On January 25, 2010 at 2:08 PM, USNHR (29.59) wrote:


I read the story... two thoughts:

 1) I don't blame the guy because collection agencies can be overbearing and downright deceitful. If they treated people fairly then maybe people wouldn't be revolting against the system. I understand there are people that will always try to get something for nothing, but because of the credit agencies actions for so long, it will come back to haunt them.

 2) I've paid all my debts, however at one point had one of them turned over to a collection agency which took me about 5 years to pay off. However, my above statement aside, I believe he has a moral obligagion to pay off his debt. The wrong actions of the credit bureaus don't make his working they system the "right thing" to do.

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#2) On January 25, 2010 at 2:22 PM, FreeMortal (28.65) wrote:

Many -I would go as far as saying most- debt collectors routinely lie, deceive, and violate the law.  This sort of Texas vigilantism is just what the industry needs.

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#3) On January 25, 2010 at 3:24 PM, eldemonio (98.30) wrote:

Debtors, either because they feel morally obligated or because they don't know their options, get backed into a corner by their creditors and believe they have to repay their debts, he says. Not so with Cunningham. "I don't have to do anything but stay black and die," he says, a small, smug smile on his lips.

It seems that he purposefully defaults on any debt he has to take creditors down.  Interesting idea, woefully counterproductive to society.  Instead of sitting in his living room on his ass waiting for phone calls, this guy could get a job and contribute to society.

I say lock his lazy ass up and let him milk us for free meals, cable television, and a couple hours of rec time each day.

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