Debt Buying Industry & Changes in Collection of Consumer Debts
In a 2009 study of the debt collection industry, the Federal Trade Commission (FTC) concluded that the most significant change in the debt collection business in recent years has been the advent and growth of debt buying. Debt buying refers to the sale of debt by creditors or other debt owners to buyers that then attempt to collect the debt or sell it to other buyers. Debt buying can reduce the losses that creditors incur in providing credit, thereby allowing creditors to provide more credit at lower prices. Debt buying, however, also many raise significant consumer protection concerns. The FTC receives more consumer complaints about debt col…
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Produktdetails
Weitere Autoren: White, Kenneth C (Hrsg.)
- ISBN: 978-1-62618-394-0
- EAN: 9781626183940
- Produktnummer: 17439971
- Verlag: Nova Science Publishers Inc
- Sprache: Englisch
- Erscheinungsjahr: 2013
- Seitenangabe: 272 S.
- Masse: H26.0 cm x B18.2 cm x D1.7 cm 560 g
- Gewicht: 560
- Sonstiges: Postgraduate, Research & Scholarly
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