Travis Plunkett
Travis Plunkett
balance bill creditors debt families practices responsibility rise simply trouble whose
The bill simply doesn't balance responsibility between families in debt trouble and the creditors whose practices have contributed to the rise in bankruptcies.
credit gaining interested lucrative market share
What the credit bureaus are most interested in is gaining market share in the increasingly lucrative market for credit scores.
people prefer telephone
Some people prefer telephone counseling. Some people prefer in-person counseling.
card consumers credit information onto
Credit card lenders are luring consumers onto a minimum-payment treadmill. Consumers don't have the information they need to get off of it.
companies flooded gradually guidance time until waited
Most issuers waited until at least mid-2005 or later. Credit-card companies should have started implementing this guidance a long time ago. They should have done so very gradually ... That hasn't happened. But we haven't been flooded with complaints, either.
bankruptcy credit decided delivered early helpful late people point support whether wonder
We support credit counseling, especially if it's delivered early, and this is not early intervention. This is late intervention at the point where people have decided that bankruptcy is the only way for them. We just wonder whether this kind of late intervention will be helpful to too many people.
bankruptcy hoops jump
shouldn't have to jump through hoops to get bankruptcy relief.
bankruptcy consumers counseling credit hurdle jump relief
We don't want this credit counseling requirement to be yet another hurdle that consumers who really need bankruptcy relief have to jump over to get it,
kindness west wild
It's kind of like the wild west out there.
extremely lucrative types
It's extremely lucrative for the insurers, much more so than other types of insurance.
accumulate clever debt increasing legitimate marketing method obvious savings seems taking
Taking on debt to accumulate savings is an obvious contradiction. It seems more like a clever marketing ploy than a legitimate method for increasing savings.
ground hit people prison safety sink slip
We're going to see people in a debtor's prison without walls, ... They'll essentially slip through the safety net, hit the ground and then sink into an underground economy.
virtually
What we have right now is exceedingly weak. It's virtually worthless.
absolutely devoted five greater hear last mergers pointed promises proof resources result three
What we have pointed out is that we often hear promises of greater resources devoted to R&D (as a result of a merger), but there is absolutely no proof that in the mergers over the last three to five years that that has occurred.