Bad Credit? Blame your Library!

“Borrowers from the nation’s largest library systems rack up hundreds of thousands of dollars in unpaid overdue fines and unreturned materials every year.  Now, 900 libraries, such as the Queens and New York Public Library systems, have turned to Unique Management Services, a collection agency that reports the 30% of overdue borrowers who fail to respond to repeated requests for payment to credit bureaus.”

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The killer line from this article?
“I’m going to Borders, just to be safe.  I may have to pay more upfront but at least I won’t have any problem getting a house to keep my books in.”

Is this something anyone is doing? And more importantly, is it something you *would* do, given the chance? Why or why not?