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 Purchasing Stocks Rise on Hopes of Lower Debt Prices

29 June 2007

Illinois to Sell $1.3 billion In Student Loans

28 June 2007

National Loan Exchange Launches State Debt Buying Program

22 June 2007

Debt Buyers Tout First Quarter Numbers For Investors

22 June 2007

Asset Acceptance Completes Recapitalization with Large Special Dividend

19 June 2007

Asset Acceptance to Host Career Fair for Cleveland Office

19 June 2007

Portfolio Recovery to Present at William Blair Annual Growth Stock Conference

15 June 2007

Asset Acceptance to Present at William Blair Annual Growth Stock Conference

14 June 2007

Asset Acceptance Hosting Career Fairs at Two Locations

12 June 2007

Kaulkin Ginsberg Facilitates Sale of $45.9 Million Auto Loan Portfolio

11 June 2007

Another State AG and the FTC Pile On Debt Buyer over Telecom Bills

8 June 2007

Asset Acceptance Enters Into $250 million Credit Agreement

7 June 2007

Texas AG Moves to Stop Debt Purchaser from Collecting on Fraudulent Telecom Accounts

7 June 2007

Encore Capital Receives Letter From Nasdaq for Audit Committee Vacancy

6 June 2007

MedAssets and Equicare Capital Partner on Medical Account Debt Sales

6 June 2007

FirstCity Financial Corporation Announces Extension by Lender

4 June 2007

Asset Acceptance Announces Extension of Tender Offer

4 June 2007

Analyst Sees Less Competition in Debt Purchasing Market

31 May 2007

Executive Changes: LINK Financial Group Announces Management Changes

23 May 2007

Global Aspirations: International and Cross-Border ARM M&A Activity Gains Momentum

23 May 2007

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