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re: What happens with your debt when you go to jail?
Posted on 5/16/23 at 3:38 pm to Porpus
Posted on 5/16/23 at 3:38 pm to Porpus
quote:
The question does remind me of an experience I had years ago. I was called into this place to do IT work. Learned a little about their business. Basically, they were scraping those sex offender and mugshots websites and sending the results to Experian and/or TransUnion.
For whatever reason, I sure get a lot of postcards about new neighbor sex-offenders.
0
Posted on 5/16/23 at 3:40 pm to UFFan
quote:That was kind of the point of my post. The consumer credit rating agencies are definitely trying to get out in front of this issue. They don't want to wait for a verdict. I don't think they're supposed to act merely based on an arrest, or on the fact that you're an otherwise-free person who happens to be on a sex offender website... but they damned sure want to act on these things.
Well, everybody in prison didn't have a criminal record prior to their first offense. How would the lender know that they'd later go to prison?
Posted on 5/17/23 at 10:38 am to swampwiz
And how would a lender in 1999 or earlier have known that you'd go to prison in 2000?
Like I said, everybody in prison had zero convictions at one time. The lenders will have given people loans prior to their first conviction. It's not like they'll have given people loans after they've already been convicted of five felonies.
Like I said, everybody in prison had zero convictions at one time. The lenders will have given people loans prior to their first conviction. It's not like they'll have given people loans after they've already been convicted of five felonies.
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