The Clever Girls Know Podcast With Bola Sokunbi cover image

268: How Working As A Collections Agent Helped Paco Understand The Emotions People Have About Money

The Clever Girls Know Podcast With Bola Sokunbi

00:00

The Different Types of Debt Collection Rates

The way debt works is very interesting because there's a lot of money to be made, right? So for example, you may get a car loan or a mortgage and within 30 days or 60 days, you notice that you now have a new lender's name. And that's because your debt has been sold at a profit to a new lender who's going to try to capitalize on making their own profit from your interest payment. "I allowed myself to be touched by other people's pain," he says.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app