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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Executive Change: Lowell Group Names Mathew Stonley Biz Dev Manager for Debt Purchase

6 December 2013

Asset Classes Attracting the Most Consumer Complaints

5 December 2013

Portfolio Recovery Associates Honored With Corporate Volunteer Excellence Award

5 December 2013

Important International ARM Industry Group Re-Emerging

5 December 2013

Arrow Global Reports Strong Earnings After IPO

2 December 2013

ARM Companies Show Differing Strategies in Debt Collection Complaint Responses

26 November 2013

International Collectors Group to Return to Its Position of Prominence in the ARM Industry

25 November 2013

Collection Agency Issues Challenge to Bill Bartmann

22 November 2013

In Search of a Unified Front on Capitol Hill

22 November 2013

ACA International Releases White Paper Analyzing CFPB Consumer Complaints

21 November 2013

Changes to the FDCPA That Will Redefine Debt Collection

20 November 2013

Young Association in Canada Gains Traction

19 November 2013

Debt Buyer Gets Mixed Result in State Supreme Court Appeal Against AG

18 November 2013

DBA International Approves Audit Firms for Certification Program

18 November 2013

CFPB Director Cordray: Debt Collection Information is a Top Concern

13 November 2013

Portfolio Recovery Associates Expands Its Headquarters to Accommodate Continued Business Growth

13 November 2013

NCB Management Services to use Global Debt Registry Chain of Title and Consumer Access Portal

12 November 2013

Encore Capital’s Record Third Quarter Show it Winning the Arms Race

8 November 2013

Collection Industry Gears Up to Engage CFPB on Rulemaking

8 November 2013

Executive Change: James Fournier to Runci Group as Director of Client Services

7 November 2013

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