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Originally Posted by ssp
Ah the joy of going out every morning with their baseball bats, to kindly ask people to return their loan! Especially in a country like the UK, where everybody is in debt. Seems like a business idea that will last forever.  |
They don't go "out every morning with their baseball bats"
They do exactly what normal banks would do with borrowers who aren't paying. They send the account to a collection agency.