Buy Consumer Debt -

Debt buyers are companies that purchase debt portfo- lios from originating creditors or other debt buyers on the secondary market. Receivables Management Association International

: Common types of consumer debt available for purchase include credit cards, medical bills, auto loan deficiencies, utility payments, and payday loans. buy consumer debt

: Debt is often sold for "pennies on the dollar." Depending on factors like age, type of debt, and likelihood of recovery, a buyer might pay between 1 and 10 cents for every dollar of face value. For example, a $10,000 credit card debt might be purchased for just $1,000. Debt buyers are companies that purchase debt portfo-