My Top-Earning NewsBreak Story in October was About Debt Collection
Student loan debt, to be specific
In addition to my writing here at Medium, I write news pieces on politics and consumer finance over at NewsBreak.
Writing these pieces allows me to both explore topics I’m interested in AND reliably earn from my writing.
Yes, the comments at NewsBreak are atrocious. But, if you write the type of content NewsBreak wants, they will distribute it. And if you do this consistently, you can earn decent monthly money on the site.
My top story in October was about student loan debt — and about the debt collectors that focus on this collections niche.
The story concerns a debt collector that presented itself to borrowers as an impartial arbitrator. Instead, the company was paid by a previously banned debt collector to collect on outstanding student loan debt. It’s pretty complicated and pretty insidious.
“Ejudicate ran bogus arbitration proceedings, deceived borrowers, and hid its financial conflicts of interest,” said CFPB Director Rohit Chopra. “Arbitration outfits cannot rig the process against consumers to enrich their corporate clients.”
As a result of these bad acts, the company has been shut down.
