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What is the ROI for buying credit card debt?

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It's a law of large numbers. Keep in mind that most credit card debt is unsecured and therefore becomes difficult to collect on, especially if certain clients default. Thus, the high interest rates associated with Card companies. read more

This basically works against you, especially if the Credit Card debt you’re buying already comes aged. The cheaper the debt, the more likely that the older it is. To learn more about each State’s statute of limitation on debt collection, follow the link. read more

Debt-Buying Basics. Companies in the market to buy debts vary in size and capital structure. No matter the company size, the goal is the same. Debt buyers invest good money in order to pursue collecting on bad debt. Larger companies buy up huge portfolios of debt directly from your creditors, such as credit card lenders. read more

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