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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Encore Capital Group Reports Big Fourth Quarter and Full Year 2009

9 February 2010

DBA International Hosts Charity Golf Event for Autism

8 February 2010

Global Debt Registry Announces the Registration and Title Transfer of Its One-Hundredth Receivable Portfolio

5 February 2010

Intrum Justitia AB:s Year-end Report for 2009

4 February 2010

Portfolio Recovery Associates to Announce Fourth Quarter and Full Year 2009 Results on February 11, 2010

4 February 2010

Canadian Financial Company Intoduces A Balance Transfer Credit Card Program

4 February 2010

VIDEO INTERVIEW: Wayne Harlock, Aktiv Kapital Canada

3 February 2010

MKS Financial Services, Inc. Launches Operations

3 February 2010

Mark Johnson and Portfolio Recovery Associates, LLC Announce Resolution of Lawsuit

3 February 2010

ARM Industry Confidence Slips Due to Tempered Economic Expectations

2 February 2010

Glass Mountain Capital LLC Expands to Accommodate 150 Collection Agents

2 February 2010

Marion Financial Corp. Announces Scholarship Increase in their 11th Year of Scholarships

2 February 2010

Executive Change: Cabot Financial Strengthens Team with Key Appointments and Promotion

28 January 2010

USOBA to Speak at Debt Buyers? Association International Conference

27 January 2010

New Flock Advisors Falcon Fund Offers Debt Buyers Funding In Tough Environment

26 January 2010

Strategic Expansion for ExpertoCredite with The Netherlands As Major Market of Defaulted Debts

26 January 2010

East Capital Explorer, East Capital Financials Fund and Intrum Justitia Jointly Invest in Russian Non-Performing Consumer Loan Portfolios

25 January 2010

Executive change: Regional Managing Director Monika Elling leaves Intrum Justitia

22 January 2010

Effective Networking Opportunities at Expo 3.0

21 January 2010

Latitude Software Receives Certification for Microsoft Windows 7

21 January 2010

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