Irony

[Cylenchar]

I have a borrower who works as a representative for a collections agency and who has 14 accounts currently in collection. I have to laugh at the irony. Does she have to make harassing calls to her cellphone during at work? Or has one of her coworkers ever called her? Sh'es trying to get a mortgage, has a low 500 credit score, and is upside down on her current. She needs to sell her current home to qualify, but she's have to do that at a loss, and would not have enough funds to close on this one (even as an FHA). And the icing on the irony cake: she was a Loan Counselor for 8 years before taking the collections job a year ago *bangs head on table*

[jIM_Ohio]

I thought ironic was Al Gore's global warming testimony to congress being post poned or cancelled because of cold weather.

[gamecock43]

oh my gosh...wow. that story really makes me question people's intelligence. I always gave people the benefit of the doubt that if they knew the rules of the game then they would play it correctly...but this person knows more than the average joe and cant connect the dots to herself!

[neatdesign]

When I worked at Capital One a few years ago, I remember getting a call from a woman who had a very weird thing going on with her account. It was something to do with her original account being compromised, so they had to eliminate that one and create a new account for her -- except that when they transferred her account information, the system basically wiped out any of the terms. In other words, her personal info (name, SSN, etc) transferred over, but the "new" account had no APR, no penalty fee conditions, no minimum payment percentage, etc.

This was obviously a system error but she took FULL advantage of it. Despite having a $1,000 limit, she charged about $20,000 to the card -- but without any of the terms being active, no overlimit fees were charged, no finance charges were assessed, and no late fees were charged because she had no minimum payments due (and thus technically she wasn't "late"). Naturally she decided not to contact anyone about this -- until CapOne noticed the error and corrected it, which landed her in collections big-time. I was the one who got her when she called to complain about it, saying she didn't owe any money, etc.

The woman's employer? Equifax.

~ Jenney

[srblanco7]

Originally Posted by Cylenchar

I have a borrower who works as a representative for a collections agency and who has 14 accounts currently in collection. I have to laugh at the irony. Does she have to make harassing calls to her cellphone during at work? Or has one of her coworkers ever called her? Sh'es trying to get a mortgage, has a low 500 credit score, and is upside down on her current. She needs to sell her current home to qualify, but she's have to do that at a loss, and would not have enough funds to close on this one (even as an FHA). And the icing on the irony cake: she was a Loan Counselor for 8 years before taking the collections job a year ago *bangs head on table*

If that's not "the blind leading the blind", I'm not sure what is...

[Exile]

Based on my years of experience as a collector, I must acknowledge that many if not most people in this line of work tend to be poor credit risks.

[Scanner]

I have had 2 bounced checks within 2 years of my practice - guess their occupation:

Both accountants and both the only ones I have in the practice.

[Goldy1]

It doesn't surprise me. Plenty of people with their finances in turmoil were in positions to advise others etc.
I have a friend with a degree in business who has no business sense at all or finance savy.

In college, I lived with a girl who had her car trying to be repoed. It was kinda scary how the repo guy called all day and stalked our our house we were renting at the time. He ended up taking the car, and she moved out.