“Watch out, Oprah Winfrey. John Oliver, host of HBO’s Last Week Tonight, outdid TV’s biggest gift giver on Sunday when he forgave nearly $15m worth of medical debt on his show.
“Oliver’s “giveaway” came at the end of a 20-minute segment on debt collectors.
“The segment focused on the bad actors in the industry, who buy debt from banks for cents on the dollar.
“These predatory collectors attempt to recoup the debt they purchased using threats and other aggressive tactics without first verifying the exact details of the debt.
““Once the company has bought your debt, whether the information is accurate or not, they are going to try to collect on it,” Oliver explained on Sunday.”
Read more at The Guardian