Collection Agency Rapid Recovery Solution Sees the Bright Side of Debt
Bohemia, NY (PRWEB) July 30, 2013 -- On July 30, collection agency Rapid Recovery Solution is delighted to read an economists’ praise of responsible debt practices.
According to a USA Today article from July 28 titled “Debt shouldn’t be a four-letter word” debt has received an unfair reputation as being unnecessary and destructive. Americans are becoming more and more fearful of long and short-term loans and the interest they produce. While it’s true large amounts of debt can be difficult to maintain, borrowed capital can create immense opportunities that would otherwise not be available to individuals of modest means.
The article proposes a series of recent success stories involving people and corporations who bettered themselves as a result of loans. Tesla Motors is quietly starting an auto revolution as demand for its electric vehicles soars and profits increase. Barack Obama rose from humble financial beginnings and become a two-term president because of student loans. The author contends that “debt is merely a tool” and “the last thing we need right now is the misrepresentation of debt as categorically wrong, or the need to borrow as some kind of character flaw.”
John Monderine, CEO of Rapid Recovery Solution, Inc., offers insight. “Commercial debt collection agencies know first-hand the positive potential of loans." Monderine offers a personal prospective. “I, along with most Americans, would be unable to purchase durable goods like a home or car without the help of bank capital. The key to loans has, and will always be to responsibly accumulate debt and anticipate future income and expenses as best we can.”
Founded in 2006, Rapid Recovery Solution, Inc. is headquartered at the highest point of beautiful Long Island. Rapid Recovery Collection Agency is committed to recovering your funds. We believe that every debtor has the ability to pay if motivated correctly. We DO NOT alienate the debtors; we attempt to align with them and offer a number of ways to resolve not only your debt but also all their debts.
Sean Nolan, Rapid Recovery Solution, Inc, http://www.rapidrecoverysolution.com, +1 (866) 944-8610, [email protected]
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