[CivicBlues]

Originally Posted by BIG

I had a conversation with someone about 8 or 9 years ago. It was very brief because it was a random social event that was only an hour long. He was in his mid 30s and retired and now a money 'consultant' for fun. I've lost his contact info since. Anyway, I asked what he did to retire at such a young age. If my memory serves me right, he mentioned it had to do with him capitalizing on people's lack of ability to pay off their credit card debt. He wasn't a debt collector, but I can't remember the exact details of what he did. I asked how much he initially started with, and he said about $10,000. Our conversation was cut short. I emailed him for more info and he replied, but at the time I had a Shaw email account. Shortly after, I changed to Telus, and lost that email forever... oof.

Anyways, I was trying to google ways to 'capitalize on consumer debt' or something to that effect, but having no luck. It seems to always lead back to becoming a debt collector. Anyone have any idea what this guy may have been talking about?

The guy was a loan shark and probably was "connected" (i.e. gangster)