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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CBE Employees Choose by "Overwhelming Response" to Donate $6000 to ARM Vets Charity

9 October 2014

Razor Capital, LLC Hires Two New Executives and Obtains DBA Certification

6 October 2014

State AG Proposes New Debt Collection Legislation

1 October 2014

Nationwide Credit Bureaus Launch New Training System to Support Data Furnisher Accuracy

29 September 2014

Best Places to Work in Collections 2014 Winners Announced

29 September 2014

NARCA Submits Response to CFPB Consumer Narrative Proposal

26 September 2014

Congressman Lacy Clay Visits ACA's D.C. Office for Campaign Fundraiser

26 September 2014

Arrow Global to Acquire Rival UK Debt Buyer Capquest for $258 million

25 September 2014

CAI Begins Campaign for Vets as ARMing Heroes Tells Story of Purple Heart Grant Recipient

25 September 2014

ARM Buyers are Looking Beyond Profits when Establishing Pricing

24 September 2014

ACA Submits Comments Opposing CFPB Proposal to Include Consumer Complaint Narratives in Public Database

23 September 2014

Fast Tracks for ARM Executives

19 September 2014

DBA International to Host Webinar on Due Diligence Process for Debt Buyers

19 September 2014

CFPB and FTC Launch Actions Against Different Payday Lenders; Debt Sales Implicated

18 September 2014

ARM Firms Jumpstart Campaign for Veterans

18 September 2014

CFPB Sues For-Profit College for FDCPA Violations and Predatory Loan Program

17 September 2014

New Rules for Debt Collection Suits Finalized in New York Courts

17 September 2014

Arkansas Supreme Court: Out-of-State Debt Buyers Must be Licensed

15 September 2014

ARMing Heroes Announces Donor Dog Tags Promo with Start of Annual Fundraiser

11 September 2014

Regulators Urge Caution and Full Disclosure on Time-Barred Debt Collection

10 September 2014

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