: Because they buy the debt so cheaply, even collecting a small percentage of the total original balance can result in a significant profit.
: Another major publicly traded player that purchases high volumes of consumer debt.
: Companies that purchase debt and then use their own internal teams to contact debtors and collect payments.
: Smaller private businesses or even individuals (like doctors or dentists) who buy smaller debt portfolios as income-generating assets. How the Market Works
: Because they buy the debt so cheaply, even collecting a small percentage of the total original balance can result in a significant profit.
: Another major publicly traded player that purchases high volumes of consumer debt.
: Companies that purchase debt and then use their own internal teams to contact debtors and collect payments.
: Smaller private businesses or even individuals (like doctors or dentists) who buy smaller debt portfolios as income-generating assets. How the Market Works