Buying Distressed Consumer Debt -

: While credit cards are most common, the market includes medical loans, gym fees, utility bills, and payday loans. Profit and Collection Strategies

: Debt buyers typically pay between $0.005 and $0.10 per dollar of the debt's face value. buying distressed consumer debt

Investors profit when they collect more than the purchase price plus operational costs. : While credit cards are most common, the