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

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Companies that purchase debt cheaply then collect it aggressively are shockingly easy to start. We can prove it! Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight Visit our official site for all that other stuff at once: http://www.hbo.com/lastweektonight
Категория: Развлечения
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Текстовые комментарии (12685)
Higgs000Boson (2 часа назад)
The times when John Oliver was informative, funny and discussing real problems.
Midnightmjtoker (10 часов назад)
Just ignore debt collectors, the moment u contact them and admit the debt you are screwed. Even if u pay them, it stays on your credit report around 6 years longer than it would have. Since u had no deal with the debt collector, unless u admit to the debt u don't owe them shit and after 6 years from the initial debt, the debt will be dead and u can have it removed from your credit report. #1 thing to remember never admit to these people that u owed anything, never contact them! They cannot sue you, unless u admit the debt.
Derek D (1 день назад)
never ever go into debt or get married in the first place.  period.
Siddharth Kumar (2 дня назад)
don't take debt... so simple... Americans love to complicate things
C M (3 дня назад)
Moron Americans still don't think you shouldn't have universal health care?
Josh B (3 дня назад)
MS Excel is one of the most useful programs I use.
theendofit (4 дня назад)
The orginal debt owners should not be able to sell it if the collect insurance. If i collect insurance on my car then sell it i broke multiple laws and the contract i signed. They can eather sell the debt or collect insurance they cant do both.
Drishti Sanger (4 дня назад)
“Fuck you Oprah” HAHAHAHAHHAA I died!
mary jade loepp (5 дней назад)
If I won the lottery, I'd love to do this John Oliver effect of buying medical debt through a fake company I made. I'd throw the whole system out of whack and say I'm batman!
Eddie Engberg (5 дней назад)
You are an awesome person. Man of the century in my book.
Red Beard (5 дней назад)
John, you are a remarkable individual and my new Hero. That was a truly amazing display of compassion. I hope one day I am in a position to do that for all my Vets. Thank you for all you do.
xl (5 дней назад)
So if I understand correctly, he bought a list of people who had a cumulated debt of $16M for $60K, and destroyed that list. Does this mean that their debt no longer exist ?
Ultra Man (5 дней назад)
xl yes
airplane800 (5 дней назад)
I could list here thousands and thousands of massacres conducted by the British Empire. Most of the famine in the world in caused by British banks. Most of the financial problem in Mexico are cause by British banks. Ask the British banks to stop exploring the world and they will have money to build nice countries. British banks put poor countries in big debt artificially to dominate them and take advantage of their natural resources. 95% of the world's problems today are caused by financial colonialism conducted by British banks.
Ultra Man (5 дней назад)
airplane800 there is no nation to attribute these atrocities to. Theses banks have no nation, they feed of human greed. In the American Revolution they kept the banks, in the Irish Revolution they kept the banks. The only power in this world is money so I don't believe it's accurate to blame the long dead British Empire
Mistynne D Strong (6 дней назад)
Good for him..
Mistynne D Strong (6 дней назад)
Are these people aware of the gun control issue, in this country.. and how many on the side of guns are the common peasants they intend to rip off? .. good luck with that venture in Arkansas, motherfuckers.. I hope they splatter your ass all over a tree..
Solly123ify (8 дней назад)
80 grand I medical debt id inconceivable to me, your not even getting better treatment than the NHS your just paying unfathomable amounts
gypsy traveler (8 дней назад)
This is now my favorite episode ever!!!
Marcus Ciantar (8 дней назад)
What's stopping people from opening debt collection companies and claiming the debt they themselves own for a fraction of the price? 🤔
Jenna Cook (10 дней назад)
I wish that before the banks sell the debt to the debt collectors, they would first offer to sell it to the people in debt that same discounted price.
Steve McCullough (11 дней назад)
What John missed was that, by "buying" the debt (I suspect that it can be sold right back), the debt "buyers" are attempting to circumvent the requirements of the Fair Debt Collection Practices Act, which apply only to "third party" debt collectors. What John didn't miss is that these collection agents are, truly, the lowest of the low.
Thomas Kinkade (11 дней назад)
When British folks say Banana. Nahhhhh... That 'favorite thing to do' guy deserves herpes and disfiguring burns right alongside dead baby joke lovers. It think I'm gonna do the debt buying thing and forgive it too! I fucking hate the idea that everyone is crippled with debt for shit that isn't worth a small fraction of the amount of the debt.
wes wells (12 дней назад)
I'm sorry but no hospital is gonna let you die bc you cant pay .medical Bill's just ignore all out of state phone calls ...its better than fucking death moron. Medical debt is never a threat to your stupid moronic 80 year old worthless life.
David Kestler (12 дней назад)
Truely a diety of daytime tv
true2ao (13 дней назад)
If the company already wrote off the debt and got tax exemptions because of it how can that debt be resold? It's already been written off.
Matthew Addison (14 дней назад)
Bring you punch lines from a 10 to a 3, accept you suck at comedy your a goofy looking Brit, shit accept it your nothing more than a corporate puppet, now dance Englishman make the viewers laugh...
Justin Lui (14 дней назад)
John Oliver is Batman in a suit and tie with geeky glasses.
onlethebest (14 дней назад)
Yes John you are the know queen of day time talk
Nathaniel Frankford (15 дней назад)
Here's a link to my time line. Otherwise I assume you have your own. https://docs.google.com/document/d/12dK1M3Z4eKRmOYeYu5E0LmQAiwwl48M556t4odImk4g/edit?usp=sharing
Ekbal Hussain (15 дней назад)
What a legend!
Dede Class (15 дней назад)
👏👏👏👏👏👏👏👏this was awesome! Soooo much better than car give away !
imnotmike (15 дней назад)
To be fair, $346 billion of that debt that is over 90 days delinquent is just my student loans.
B-leechBaboon (15 дней назад)
by hook or crook - fake views
spacecadet28 (15 дней назад)
excel is wonderful
GASTRO GAMING (15 дней назад)
Buy your own debt
Tona V. (15 дней назад)
Zombie Debts Corpse Courts
Candace Washington (16 дней назад)
Zombie debt for "blacks" are Huge fines imposed by government agencies under the false assumption that it's good policy turned lawful enforcements. 😵😵😵😵
Kat nip (16 дней назад)
Welcome to third world America! Now, debt from a deceased family member will be the responsibility of​ the survivors.
Kat nip (16 дней назад)
*CARP Is a bottom feeding fish.
Richard Drake (17 дней назад)
fuck you Mississippi is great
Justice Warrior (17 дней назад)
Only in scummy disgusting AMURICA health care is a fucking scheme!!!
edgar helbling (18 дней назад)
What is it with this plummy snot? Did the Brits banish him or did he escape them? I like political give and take, but this smarmy assed gob pisses me off. Surely there are enough home grown assholes around to do this job.
Chris French (18 дней назад)
Greatest episode ever
Gio Sale (18 дней назад)
the deregulation of banking and finance has opened a Pandora's box of scams, for which we, The People, end up paying one way or another (see banks bailouts in 2008) - Debt buying is immoral and should be illegal for a variety of "legal" reason. Because the courts work in tandem with the corporations (instead of upholding the laws, as weak as they are now) these companies don't even have to provide proof of the debt, such as a contract, a detailed/itemized list of monies owed, etc... Judges simply either ignore it all or dismiss any objections from consumers. To make matters worse, those companies are buying legislation to favor them not only at the Federal level but at the local and state levels as well. Thank you Republicans, you truly are the party of "morals", "family values" and "earning an honest day's pay".
BECCA ZEN (18 дней назад)
Thank you for helping my mother .... you fucking rock John!
steve lane (18 дней назад)
Don't create the debt if you don't plan on paying it.
Limerit (18 дней назад)
I really don't know how you can defend people not paying back money they owe. If you take out a loan or if you withdraw money from a credit card, that is not your money. You are supposed to save up every penny you have to pay back that money. That is not your money and what happens to it is not your decision.You should pay it back as soon as possible and you should not treat it as money you have. Just fucking pay it back as soon as possible and don't prioritize luxuries and pleasures over paying your debt. The problem would pretty much be solved then and there if everyone did this.
Legal advisors help me: can a debt buying company be run as a charity? Or better a church? Because I am fucking sure that the Lady of Perpetual exemption would be fucking booming if they'd buy people's debt with it! But seriously: is it possible to set up a debt buying company as a charitable organisation that relies on sponsors of some sorts to acquire money, do fundraisers or something and then give away the debt for free or the price they acquired it for + shipping for the one letter the send out? Because that sounds like something that might work! Legal scholars help me out on this!
Ok, I googled it and found those two organisations who do just that it seems: https://www.ripmedicaldebt.org/how-it-works/ http://rollingjubilee.org/ which is awesome
and be honest: would you not give 2$ if you could lift someone's 20 000$ debt with it? If you got a letter reading: "Your 45 000 dollar debt was lifted by organisation xy who paid 4.67$ for it. Please help us to keep this charitable business up and running by donating that amount (or however much you are willing to give)!" Wouldn't you at least pay them 10 bucks and be relieved AF? I repeat: This might work!
Sindollx666x (19 дней назад)
John Oliver is the man!
Michael Summers (19 дней назад)
This is probably the scariest thing I've ever seen in his shows.
Joshua Croft (20 дней назад)
6:39 John's face!
Carl Cupcake (20 дней назад)
El Capitan Dan (21 день назад)
16:30 the guy to the left winces when the speaker refers to "the unsophisticated consumer"
narpies gallo (24 дня назад)
some one called my sister and said her son was dead you think she paid that bill? fuck no
david padilla (25 дней назад)
Repent of sins. Plead the blood of christ. Live holy. Pray. Turn away from evil. Make sure you are able to enter the rapture. Jesus is son of God
selina akter (25 дней назад)
fiverr ://www.seli22 photoshop bangladesh I do edit photo retouching enhancing background change resizing.Besides I do data entry work at the lowest prices
malaika263 (25 дней назад)
not all heroes wear capes
BUDDY L (26 дней назад)
Damm John what Troy ever do to you??? He's my bud for real I've worked with him back in the day playing bars up and down east coast we've had some good times 😉 Just Saying?!?
Navpreet Mehmi (27 дней назад)
Happened to my family , we just ended up suing the original company for a lot more.
Eyecarehawaii (28 дней назад)
Why the CFPB is still important despite what Mike Mulvaney states.
Gabriel Madrid (29 дней назад)
Bob wank off?
Vivek Patil (30 дней назад)
Faizan Ali (30 дней назад)
This is why I don't have a credit card.
Jonni0608 (30 дней назад)
18:10 Truly horrifying. And people are complaining about Facebook?
Faizan Ali (30 дней назад)
Why shouldn't people complain about FB? People should be complaining about both.
Jonni0608 (30 дней назад)
4:12 Oh no! You didn't go there!!
Daryl Gud (1 месяц назад)
You are going to have to change the name of your company, because you are no longer a bottom feeder.  You see many people think that they are just paranoid that the government will protect them from all these scams and legal entanglements, but you have proved to us all that we have every right to be PARANOID.
Lilwill15t (1 месяц назад)
So, what happens if a bunch of rather wealthy folks buy most of this debt for as cheap as this and destroy the info?
LodanSD (1 месяц назад)
Imagine a Debt Collector coming after you for a late fee on a videotape rental from a company that went out of business 16 years ago...
Faizan Ali (30 дней назад)
You're already sweating.
Team GT (1 месяц назад)
You my sir know how to spend money. Love the show keep it up
Jayadeep Ravi Varma (1 месяц назад)
CreePPPP!!(spit spills out MAJESTICALLY)
suresh kumar (1 месяц назад)
Man 1 : I am in dept due to my hospital bill and failure of private insurance. Single Payer Health Care: I am here mate!. Man 1: YOU SOCIALIST DEMON MONKEY BURNNNNNNN...... p.S: i am sorry if the joke was offensive to some, but that is the intention. It means most who resist single payer and some legitimate social policy aren't aware of it's true intention and how it is achieve in first place. And i am sorry but no main stream network is gona let you familiarize with them either. Instead do some self research or call your friend who lives in a country which has single payer or similar healthcare policy.
Omar Avila (1 месяц назад)
Can I buy my own debt ????????
UncleCatfishDub (1 месяц назад)
I thought this was a new one {as of 2018} until I heard the Evanescence joke
Stephen Fun (1 месяц назад)
Medicare for all will solve a big part of the debt problem.
Lisa Lowery (1 месяц назад)
This is epic
Laird Léo Boivin (1 месяц назад)
Official: You are a good person
Dhaval Shukla (1 месяц назад)
John Oliver would make an awesome teacher. Period.
MACE (1 месяц назад)
buy bitcoin
John Lewis (1 месяц назад)
Wait so does that mean I can buy my own debt for pennies on the dollar
Coffee & Makeup With Sam (1 месяц назад)
So happy for the people who got their debit forgiven... can he please do that with student loans? ❤️❤️❤️❤️
Faizan Ali (30 дней назад)
Student loans never go away. Not even bankruptcy does anything for it.
Joe (1 месяц назад)
Always.. that laugh 🤮🤮🤮 Also John Oliver is a forgiving & therefore rare God 😊
Juella Churchill (1 месяц назад)
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Desiree Webster (1 месяц назад)
Man i loved this , Im a New subscriber John !
john tracy (1 месяц назад)
Calling your boss at his home about your zombie debt is highly illegal.
hill man (1 месяц назад)
John you ROCK man.
KiithNaabal (1 месяц назад)
I would love to see a follow up on this with some of the people they helped. I also wonder if this could be done on a larger scale. Charities could buy of debts and donate them back to the people. less then 1 cent per dollar sounds like you could 1/100 your debts if you buy them yourself! :-D
Black Clover (1 месяц назад)
So I make 100000$ debt. I find a way to buy my own debt from the current debt collector for less than 10000$. I forgive my own debt, therefore I am debt free. Thank me later americans.
teeonezee (1 месяц назад)
Your mom is a minority, you cunt
Hoobastank Diaz (1 месяц назад)
In all fairness... what is he giving away? The debt he's "forgiving" is already expired. It's just a list of contact information and purchase details for people with expired debt... so one could theoretically collect on the debt without them realizing they don't actually owe that money anymore.
Dustin Rodriguez (1 месяц назад)
The thing is... there's nothing stopping that forgiven debt from being sold to another debt buyer.
Brandon Drakus (1 месяц назад)
Brandon Drakus (1 месяц назад)
John you need to do a interview with the guy from China uncensored !!! It would be great.
GreenArt4 (1 месяц назад)
At this point, "De-regulation" just means removing constraints from an industry and decreasing consumers' rights. GG America.
Freddo Flintstono (1 месяц назад)
What I want to know: how come the original debtor cannot buy their debt for the discount and then pay that? It makes no sense to first stack absolutely idiotic levels of interest on a debt and then sell it at a price well below the original value.
ThoObe (1 месяц назад)
The U.S. is a fucking joke.
Lucas Castro (1 месяц назад)
Watching this in 2018, I really wish to see the faces of people who found out their debts are gone.
The Man With A Million Names (1 месяц назад)
Jon Oliver is SO GOOD!!!
Raj Singh (1 месяц назад)
Is he British??
Raj Singh (1 месяц назад)
Economist saying that only thing that can solve this economic problem of America is big war like Iraq. And America is trying for it Seria Iran Russia north Korea
Raj Singh (1 месяц назад)
This what happens when you don't have savings habits. And throw away money on wasted things when you have it.
Farooq Ahmad (1 месяц назад)
Not sure why more than 3000 people dislike this video.

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