Midas Supports Passage of Debt Collections Fairness Act
On Monday, September 25th, Midas' Ginger Haggerty testified in front of the Massachusetts Joint Committee on Financial Services in support of the Debt Collections Fairness Act. With nearly 25% of Massachusetts residents having one or more debts in collection, owing an average of $4602 per debt, it reinforces the need for a just and transparent system. Far too many Massachusetts families face a spiraling debt trap when attempting repayment, with snowballing fees, the threat of arrest, and more. Read our testimony here and coverage of the hearing here.