Debt Buyers: Last Week Tonight with John Oliver (HBO)

last week tonight with john oliverjohn oliverlast week tonightdebt buyingdebt buyersjohn oliver debt buying

Companies that purchase debt cheaply then collect it aggressively are shockingly easy to start. We can prove it! 

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Dirty Plumbus
Wtf so all we all have to do is all start 3 debt companies then buy the debts then not collect them....why dont we all start by making a facebook page and get started comment if your down wanna get started ill drop $ 300 to start the first few
namn200
so you could buy your own deabt for less money than its worth
clement
Does someone know the name of the song at the end ?
PESA Marketing Pvt. Ltd.
MAKE MONEY EVERY MINUTE
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thnx
Alex Stone
In germany we have the principal of 1 for all and all for 1. Everyone is paying into a health insurence and if one needs an expensive cancer cure for example he will get it without high extra costs as long as he needs it.
jimmyoakmeister
Queen John Oliver. Look out Lizzy
Dj Simmons
I have over 600k in hospital debt. so I'm one of those cause I can pay that next week
Alyssa
John Oliver is the new queen of daytime talk, pass it on
regularguy8888
I love you John Oliver!
David Kniberg
After so many years, i cant beleve that he did the ladder thing again! :D
Gianfranco Iaia
This just gave me a great idea lol I'm about to start my debt collecting company
Koda Hayes
Please do one on Housing. Specifically Mortgages and Rent.
Luke-Antra
"Nothing good happens in Excel"

I'd dare to dissagree, praise spreadsheets!
Emma Crumlish
Thats cus the Führerbunker is now a car park
kpmh2001
Moral of the story, dont ever take out a loan, and if you end up with a bunch of debt and its not your fault, fake your own death.
Rhys Chambers
disappear hole cross twenty construct date church improvement.
Dj Rasta
John, you have too much free time
alcoholic astronaut
wait... does that not mean that i could get a 100k house for 500 bucks if I play the debt buying game?
Jude Furr
Why is it always "disturbing" to John Oliver how easy it is to start a business or a church or do anything in the United States. Maybe he should go back to Britain.
Sophia Marie
Especially when Excel is EFFIN shared!
ALineToDraw
"It's true we're all a little insane but now so clear now that I am unchained"
ALineToDraw
Evanescence. Now I love John Oliver.
quikesan
what a piece of shit country to live in... where you don't know if you are going to die because your health insurance tells you it won't cover your medical costs.
Where you live stressed because some idiot may have bought a spreadsheet with your name and an old debt on it and uses to terrorize you.
Really, US must be a horrible country to live in...
Aishah Abdul Rahman
Well done big Harry Potter #JohnOliver #LastWeekTonight
João Nunes
Vegas has rather large venues... lol
Dr. Dafuq
I fucking love this little rat faced bastard.
runningsandwich
Business idea:

Buy debt in bulk, contact people from the list, relieve them of said debt for less than they originally owed.
tiraandaz
"Nothing good happens in excel " ....classic !
thecocksaysmoo
Debt collectors call me 24/7 trying to find my sister. One time they told me she was "wanted". I was lead to believe that I was talking to the local police department. It scared the shit out of me with worry. I was at work & couldn't concentrate because I thought my sister had lost her shit & robbed a bank or something crazy. They straight up lied to me. Creeps!
Haley Daggett
I wish he would've bought some of my debt!! 😂
Mohammad Sharif
Kudos to Oliver!! You are a real gentleman. Salute!! GOD bless you and your family!!!!!
TheSpiderjaws
"FUCK YOU OPRAH!"
Ishi 123
"Fuck you, Oprah!"
- John Oliver
Esmé Benoit
It's easy to be in debt when you've only been able to find jobs for 8 bucks an hour
Chex Ravenfry
look at all this f' ing news! i' m not cleaning that up in the morning.
king A
here in Turkey we have free healthcare in public hospitals.😀
Interestingly Erdoğan is a "dictator" but we have free health care. please dont start an argument. Im just saying
Melissa Graham
This made me smile :) All those people who benefited from this must be so happy! :')
L 2
John Oliver is the only journalist I actually respect.
thomas jay
Not to burst his bubble, but he said beforehand that the debt he bought was past statute, therefore legally uncollectible. He didn't give away shit. Any debt collector who buys past statue, non-legally collectible debt is a fool hoping he can squeeze a few pennies out of bigger fools by bluffing them.
Roselie Gabriel
SO INFORMATIVE JOHN!
yamabushins
I couldn't figure out why a bank, which can't collect a 1000$ debt, doesn't offer a debtor to write off 50-70% of their debt and get
at least some money back? If the bank is ready to write off the debt completely and sell it for like 50$ to a debt collecting agency, losing 950$ in the process, when it can't offer a debtor to pay back at least part of it's debt, like 20-50%, losing much less money that way?

I figured out an way to earn money and be a good Samaritan in the process: you buy a 1000$ medical debt for 50$, you call the debtor and offer him/her to pay you 100$ instead of 1000$. I bet many people would accept that very quickly, as it would help them pay off their debt more easily and you could double your money in the process.
Thijmen Samayoa
What!!!!
George Georgia
fuck yeah man!!! You guys are awesome !!!
you have my respect forever
MacWonk
So the first institution to lend the money to a person who can't pay its debt looses money? I didn't quite understand. John said something like "it writes it of its taxes" before selling the debt. How does writing it off its taxes work?
Lucky Charms
So, theoretically, if a really rich person buys a ton of debts, and never collects them, what happens to the economy? Something negative has to happen from these people buying debts and never collecting them or forgiving them.
Nishchal Kumar Gupta
That's very generous of Mr. Oliver and the entire crew of the Last week tonight !! 🙌
Ellen Roberts
I spent the night at an emergency room that wasn't covered in my insurance and was billed 5k. I paid half and put the rest on a credit card because I couldn't pay 400 a month. On the credit card I pay 100 a month. I mean I have had to file bankruptcy two times. Once to avoid a law suit from an insurance company and again to avoid a law suit from a mortgage company. And I have not been able to work for 15 years. I now work part time and I with my husband working full-time am not able to make ends meet.
Quentin Styger
Take the money you give your army and pay your bills instead.
altitude illume
SCUM JOB REEKING OF NEGATIVITY AND POOR HEALTH-- CHECK THE FIELD. IF YOU PAY YOUR PURCHASED DEBT OFF, IS IT NEEDLESS, AS YOUR CREDIT IS FRIED ALREADY?
YOUR CREDIT IS SCREWED ------- THESE TRASH-HEAPS THREATEN YOU WITH LIES.
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