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More evidence: We need a central loan tracker!

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Radagast View Drop Down
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Joined: 11/August/2005
Location: Canada
Points: 71
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    Posted: 07/November/2011 at 4:59pm
I know we have Canlearn.ca for people with newer loans, but this just goes to show you how badly we need a place to keep track of older loans, and loans gone into collections.

A friend of mine was going to be sued by I think Scotia and declared bankruptcy. The various collectors added up to a little over $75,000. They just received their discharge papers, and the actual amount the collectors were able to actually prove was owed was only $63,000! That's a pretty huge difference!
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