3 ms·
Because it is bought at a significant discount. Selling the debt for 30% or 10% of the value would not be that unusual, from what I hear.
by mcherm 8y ago
Because it is bought at a significant discount. Selling the debt for 30% or 10% of the value would not be that unusual, from what I hear.
- delecti 8y agoBut your debt doesn't go delinquent unless you're not making regular payments, which would imply you don't even have a percent or two of your total debt, let alone 10-30% of it.