Who Buys Debt Link
: Investors often involved in taking large debt collection firms private.
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Buyers range from global financial institutions to small private ventures: : Investors often involved in taking large debt
: Another major publicly traded player that purchases high volumes of consumer debt. who buys debt
: Companies that purchase debt and then use their own internal teams to contact debtors and collect payments.
The debt-buying industry is a massive secondary market where original lenders sell "charged-off" accounts—debts they have deemed unlikely to be collected—to third parties for cents on the dollar. Major Debt Buyers
The market is dominated by large, publicly traded corporations that manage billions in face-value debt: