8.13.19 Movie theater subscription services; Zombie debt on the rise; Beware the dent repair scam




The Clark Howard Podcast show

Summary: Movie Pass and Sinemia are both effectively out of business. But in the process they taught the film theater industry that if you offer a deal, many will take advantage of it. The movie industry has faced stagnation and steady decline with fewer people going to movie theaters. AMC was the first to offer a subscription through<a href="https://www.amctheatres.com/amcstubs/alist"> Stubs A-List</a> – around $20 month for 3 movies a week.  Regal’s program is $18 - $24 per month – offers unlimited movies! Only subscribe if you’ll really use the subscription.<br><br>Zombie debt reaches into the past to cause havoc in the present and future.  Rogue collectors buy very old debt for a fraction of a penny on the dollar.  Old debts can’t be sued against. But crooks in the industry are contacting people and conning them with trick offers. They suggest you pay $1 or another nominal sum to settle an old debt. BUT in many states, as soon as you do that, the debt is treated as new – and you can be sued against it again. You no longer have a statute of limitations protections. Never agree to any partial payment against an old debt.<br><br>Nicole from Team Clark has a relative who got a pitch in a retail parking lot. Her sister-in-law was approached in a Kroger parking lot. The person noticed dents in her car and offered to fix them for $160 – far less than a body shop would charge. He said he had the equipment in his car, was off early – let her know he was a family man. Nicole's sister-in-law noticed his car was beat up, and politely declined. This scheme has been around at least 10 years. NEVER fall for a parking lot pitch to fix a car. Just say no.<br><br><br><br><br><br><br><br>Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a>