Buying Debt | Make Money

Debt buyers buy portfolios of "bad" debt—accounts the original creditor has written off as a loss. For example, a buyer might purchase $1,000 of debt for only $50.

A report from the Consumer Financial Protection Bureau (CFPB) detailing how debt portfolios are traded on online marketplaces. make money buying debt

An extensive report by the Federal Trade Commission (FTC) examining how the industry operates, the types of debt purchased (mostly credit card debt), and the data buyers receive. Debt buyers buy portfolios of "bad" debt—accounts the