An extensive report by the Federal Trade Commission (FTC) examining how the industry operates, the types of debt purchased (mostly credit card debt), and the data buyers receive.
An academic paper from Harvard Law that explores the legal risks and systemic issues of selling consumer debt as mere spreadsheets without original documentation. make money buying debt
Published by Receivables Management Association International, this paper highlights the economic role of debt buyers in providing liquidity to banks and other lenders. How the Business Model Works An extensive report by the Federal Trade Commission
Debt buyers buy portfolios of "bad" debt—accounts the original creditor has written off as a loss. For example, a buyer might purchase $1,000 of debt for only $50. a buyer might purchase $1