35 percent of the US population is being hounded by collectors. Not surprising in a country that’s the largest debtor nation in history, it only figures that the population would be broke too. The next bubble is auto credit, with nearly $1 trillion in car loans outstanding. But have no fear, if you default on your loan or lease, they’ll just immobilize your car or track it down by GPS and repo it. Isn’t technology a wonderful thing? We also talk about a number of important current stories on FSN.
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