The dislike for banks and other financial institutions is currently on a worldwide high. But for once, one bank has decided to do something nice for their customers. French bank Crédit Municipal de Paris has scrapped the debt of its poorest customers.
Most of us have been hounded by debt collectors at some point in our lives, but I doubt anyone has ever had their debt scrapped because of it. Yet a judge in Britain set aside a debt of over R200,000 in an effort to reprimand collectors for “torturing” their customer.