Debt Buyer
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  1. #1

    Debt Buyer

    W ho can fund a debt buyer?

  2. #2

    Debt Buyer

    No one knows exactly what you are talking about. Please try to complete your thought process then articulate it here so everyone has a clue and can help.

  3. #3
    Debt Buyer's are tough. As a SIC code, they are stones throw away from a Collection Agency. What type of debt are they trying to buy?

    Robert S Bloink
    EVP of ISO Partnerships
    Direct: 248-341-9477
    Email: bb@cooperasset.com
    Web: www.cooperasset.com
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  4. #4
    Senior Member Reputation points: 54989
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    Try Cresthill Capital you'll know in a few hours yay or nay.....
    Marcus Clapman | Business Development | Cresthill Capital
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  5. #5
    Personal loans

  6. #6
    Banned Reputation points: 4530
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    Debt Buyer

    They are worse than collectors Robert. Even if you are looking at an unsecured loan you hope the company has the ability to generate the revenue to pay you back.
    Buying bad loans by definition is hoping your purchaser is MUCH better than the original collector as these loans represent the dredges of what might have been a decent portfolio.
    Bob Shaw, who once foolishly invested in a group of bad credit card portfolios

  7. #7
    Quote Originally Posted by steve funder View Post
    Personal loans
    As in CashCall, credit card receivables, or ?

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