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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Receivable Acquisition Profits Rise as it Buys $5.8 Million Portfolio

20 February 2008

Encore Reports Weak Quarter, Year as it Expands Legal Collections

20 February 2008

Analyst Sees Solid Quarter for PRA, Uncertain 2008 for Debt Buyers

19 February 2008

Sallie Mae to Grow ARM Unit Overseas as Promotions are Announced

15 February 2008

Thoughts from the DBA: The Game Plan is Changing

13 February 2008

Asta Reports Strong First Quarter, Sees Challenging Collection Ahead

12 February 2008

Australian Debt Buyer Hammered on Stock Market After Earnings Update

11 February 2008

FTC Updates ARM Industry on Agency?s Workshop at DBA Conference

6 February 2008

A Growing Move Toward PCI Compliance

6 February 2008

Debt Buyers and Sellers -- Opportunity is Knocking Right Now

5 February 2008

Portfolio Pricing Top of Mind as Debt Purchasers Head to Conference

5 February 2008

New Technology to Aid Debt Purchasers with Media

4 February 2008

Mortgage Collector Growing as Market Troubles Surge

4 February 2008

Bad Times Means Good Time to Enter Healthcare Debt Market

4 February 2008

UK Purchaser Lowell Reports Strong Start to 2008

1 February 2008

WAM Reports Big Numbers in 2007, But Cautions on 2008

31 January 2008

Holzhauer Forms Medical Debt Buyer

30 January 2008

The State of ARM

29 January 2008

CFS Co-founder Target of $2.3 million Collection Effort

29 January 2008

The State of the Industry: What is Next for ARM?

29 January 2008

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