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Cost vs benefit? The loss was acceptable enough maybe. Some of the loans are bought for 3 cents on a dollar...you get what you pay for
by tryingagainbro 9y ago
Cost vs benefit? The loss was acceptable enough maybe. Some of the loans are bought for 3 cents on a dollar...you get what you pay for
- mirimir 9y ago> ... bought for 3 cents on a dollar ... So some jerk is buying a $50K loan for $1.5K. But trying to collect $50K, plus fees and penalties. And ruining someone's credit in the process. That's insane.