The phrase "abusive debt" is correct and usable in written English.
It can be used to describe a situation where debt is incurred in a harmful or exploitative manner, often involving predatory lending practices.
Example: "Many individuals find themselves trapped in a cycle of abusive debt due to high-interest loans and aggressive collection tactics."
Alternatives: "predatory debt" or "exploitative debt".
This time, it plans to crack down on abusive debt collection practices, tightening the rules that govern the industry.
There are some measures that are encouraging, since they go beyond punishing abusive debt collectors to addressing some of the problems that keep zombie debt half-alive.
Mr. Schneiderman has also proposed the creation of a "debt squad," a kind of legal A-Team of investigators and assistant district attorneys, to take on mortgage-marketing fraud and abusive debt collectors.
Those institutions have been accused of preying on lower-income families, prodding them into mortgages with escalating interest rates, charging high rates of interest for short-term loans and using abusive debt collection methods.
Because so few New Yorkers are paying attention to the primary, they said, Mr. Schneiderman would have ample opportunity, should he win next month, to reach out to middle-of-the-road-voters on economic issues, like his proposals to combat mortgage fraud and abusive debt collectors.
Attorney General Cuomo, based on numerous customer complaints, accused the company of keeping customers on hold for hours when they called in to the helpline, not providing warranty services or technical support, while the financial services branch engaged in abusive debt collection practices, misled consumers about the financing terms, and failed to provide rebates.
The Federal Trade Commission alleged in 2011 that West Asset had violated federal consumer protection laws with abusive debt-collection practices.
The agency likely will follow its rule with others aimed squarely at abusive behavior by debt collectors, prepaid credit cards, and bank overdraft fees.
At the same time, the report says profit-making colleges generally charge higher tuition than comparable public colleges, spend a large share of revenue on expenses not related to teaching, experience high dropout rates, and, in some cases, use abusive recruiting and debt management practices.
But it is very important that I draw a distinction between NCO and other abusive robo-suing debt collectors and JPMorgan Chase.
The miracle of lemonade is perhaps that the sugar we've inherited - our addiction to a heartless materialism that demands militarism, systems of debt, abusive labor practices, prisons, and, yes, the crimes those we love perpetrate against us - might be redeemed by the harsh juice of lemons.
