For this month’s installment of 10 on Tues, we thought we’d have a little fun identifying some of the personalities we’ve encountered over the years. For the most part, we’ve found debtors seem to fall in one of the following categories:
1. The Chip on the Shoulder
There are debtors that have the money to pay, but choose not to pay. It may be because they simply ‘don’t want to’, or they may feel that they were ‘wronged’ by the creditor, and in turn, refuse to pay. These people usually try to find loopholes in the system to get out of paying.
2. The Victim of Circumstance
Debtors that had every intention of paying, but certain circumstances occurred that made it difficult for them to pay. Whether it was a death in the family, loss of a job, medical illness, or some other act of God, these debtors often times hold on to the excuse of their circumstance to avoid paying as long as possible (most often, long after the problem has been resolved), using sob stories and playing the ‘victim card’ to keep creditors at bay.
3. The Professional
These debtors are usually criminals. Con artists and identity thieves that fraudulently incur the debt and will never pay.
4. The Snail
Slow as molasses, these debtors always pay the minimum they are required to pay and need constant reminders to send in their payment.
5. The Nomad
Recurring debtors who seem to incur debt wherever they go; frequently packing up and moving around trying to escape it.
6. The Patient
Debtors who seem to only have problems paying when it comes to medical bills.
7. The Illusionist
The debtor who seems to always have the latest and greatest – whether it be gadgets, boats, cars or vacations – giving the illusion of wealth, but secretly owing dozens of creditors.
8. The Millenial
Debtors of Generation Y who live on plastic, racking up huge credit card bills and student loan debt.
9. The Talker
“I’ll gladly pay you Tuesday for a hamburger today.” We all know ‘talkers’ – people who can talk the dogs away from a meat truck.
10. The Actor
Doe-eyed debtors, who ask “Who…me?” – they know full well it’s their debt, but will continue to dispute the debt claiming innocence.
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