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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Asta Funding Reports Rise in Net Income, Touts Balance Sheet Strength

9 February 2011

SoundBite Communications to Discuss the Importance of Proactive Customer Communications at DBA International Conference

8 February 2011

DBA International Responds to Consumer Advocates' Call to Restrict Debt Buyers

4 February 2011

Asset Acceptance to Host Fourth Quarter and 2010 Year-End Conference Call March 3

4 February 2011

Consumers Union Issues Scathing Report on ARM Industry

3 February 2011

Asta Funding to Report First Quarter of Fiscal Year 2011 Results February 9

3 February 2011

Portfolio Recovery Associates to Announce Fourth Quarter and Full Year 2010 Results on February 15

2 February 2011

Encore Capital Group to Announce Fourth Quarter and Full Year 2010 Results on February 14

1 February 2011

Global Debt Registry Recognized as Visa PCI DSS Validated Service Provider

1 February 2011

Executive Change: Thomas R. Sandler Joins SquareTwo Financial's Board of Directors

31 January 2011

Portfolio Recovery Associates Announces Consolidation of Government Services Under PRA Government Services, LLC

25 January 2011

Aktiv Kapital Canada to Expand Collection Agency Outsourcing Program

20 January 2011

Lowell Group Launches New 'Outsource to Sell' Option for Debt Portfolios

20 January 2011

Convoke Adopted by 15 of the Top Debt Buyers in the USA

19 January 2011

Executive Change: Lowell Group Appoints Steven Peacock Head of Quality

18 January 2011

Intrum Justitia Publishes Restated Historical Figures

17 January 2011

Cabot Financial Awarded City and Guilds Accreditation for In-House Training

17 January 2011

Executive Change: Stirling Capital Management Appoints Michael Woodyshek as Vice President

11 January 2011

Jan Stieger Named Executive Director of DBA International

10 January 2011

ARM M&A Deal Volume Flat in 2010, But Total Deal Value Increases Significantly

7 January 2011

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