Debt Buying News RSS Feed

A debt buyer is a firm that purchases debt from another company, usually a creditor or bank, at a deeply discounted rate. The debt purchaser then attempts to collect the debt through its own operations or through the use of a third-party debt collection agency. Some debt buyers may sell all or part of the debt to another party at a profit. Most debt buyers are small and privately held, though there is a handful of publicly traded debt buying companies. Recent changes in law and legal rulings have seen the debt buying industry regulated like collection agencies, or servicers of debt, rather than creditors, or owners of the debt. Debt buyers must adhere to the FDCPA.

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Debt Buyers Eagerly Eyeing Treasury Department?s Recovery Plan

13 February 2009

Staffing Cuts Hit ARM Industry According to Survey

12 February 2009

Lowell Group Triumphs in National League Table of Private Equity-backed Stars

12 February 2009

Encore Capital Reports 25 percent Increase in Earnings in 2008

12 February 2009

U.S. to Use Funds to Create Massive Debt Buying Market for Bad Loans

11 February 2009

Intrum Sees Higher Revenues but Lower Earnings and Purchases in 2008

11 February 2009

Participation for Small Business Card Study Will Conclude this Friday

10 February 2009

Winners Announced in First Annual Best Places to Work in Collections Program

10 February 2009

A Trying Time for Debt Buyers, But Opportunity Exists

9 February 2009

Executive Changes: CFO Leaving Asta Funding, Arthur Stern Stepping Down

6 February 2009

IDT Carmel Sells Entire Consumer Debt Portfolio for $18.35 Million

6 February 2009

USOBA Presents at 2009 Annual DBA International Conference

6 February 2009

West ARM Unit Records $32 million Impairment, Swings to Loss in Q4

5 February 2009

Executive Change: David Sheridan to Aktiv Kapital as Country Manager for UK

5 February 2009

Marion Financial Announces 10th Year of ARM Scholarships

5 February 2009

TransUnion?s Portfolio Valuation Solution Offers Debt Buyers and Sellers Opportunity to Boost ROI

5 February 2009

Portfolio Recovery Associates to Announce Fourth Quarter and Full Year 2008 Results on February 12, 2009

3 February 2009

Deceased Debt Sales Study Finds Few Are Selling

3 February 2009

ARM Deals Still Getting Done in Tough Times

2 February 2009

Consumer Credit At Risk On The Rise

2 February 2009

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