Debt Purchasing
Debt purchasing, or debt buying, occurs when a debt buyer purchases portfolios of delinquent consumer credit accounts from creditors at a percentage of the actual outstanding value. The debt is then pursued by the debt buyer or is outsourced to a debt collection agency. Some debt buyers also resell the debt.
Credit card accounts make up the vast majority of debt buying. The industry as a whole saw the total value of debt buying double from 2000 to 2005. Debt purchasing is seen as a very solid strategy as all of the publicly traded accounts receivable management firms are debt purchasers.
Free reports on debt purchasing from insideARM:
Debt Portfolios for Sale
News Headlines
- A Turbulent Year for the Accounts Receivable Management Industry 12/31/08
- Change in Post Office Mailing Standard Seen as Positive for ARM Industry 12/23/08
- Buffalo Debt Collector Shuts Down in Difficult Economy 12/15/08
- Debt Buyers Getting Creative to Fund Portfolio Purchases 12/11/08
- Court Rules Against Debt Collector in Cell Phone Collection Case 12/9/08
- NCO Group to Pay Texas $250,000 in Collection Settlement 12/8/08
- insideARM Announces 2008 Best Places to Work in Collections 12/4/08
- Debt Settlement Association Pushing for Regulation, Standardization 12/3/08
- FDIC Eases Rules on Failed Bank Asset Purchases 12/1/08
- London Scottish Bank Fails; ARM Unit Fate Unclear 12/1/08
- VIDEO INTERVIEW: Donna Meier, Asset Acquisition Group 11/20/08
- Credit Crunch Impacting Burgeoning Medical Receivables Market 11/14/08
- NCO Group Loses $26.5 million in Q3 on Impairments and Restructuring 11/14/08
- Debt Buyer FirstCity Reports Third Quarter Loss 11/11/08
- Conifer Health Solutions Could Reshape ARM Industry, Competitive Landscape 11/11/08
- Debt Buyers Discuss Falling Portfolio Prices and Funding at Forum 11/10/08
- Medical ARM Market to Grow, Even Under Universal Healthcare: Analyst 11/7/08
- EXCLUSIVE: Tenet Spins Off ARM and Communications Business 11/6/08
- Radian Swings to Profit in Q3; Sherman Stake Contributes $16 million 11/5/08
- Higher Government Deficits Leading to Opportunities for ARM Companies 11/5/08
- VIDEO INTERVIEW: Craig Grube, Portfolio Recovery Associates 11/5/08
- Asset Acceptance Posts Profit on Lower Impairments 11/4/08
- Aktiv Kapital Reports Lower Earnings, Revenue in Quarter 11/3/08
- Debt Buyer Portfolio Recovery's Income Slips in Q3; Encore Capital's Falls 10/30/08
- Sallie Mae ARM Unit Posts Loss, Sells Int’l Debt Buying Operation 10/29/08
- Intrum Justitia Reports Big Jump in Revenue and Debt Buying 10/24/08
- West Virginia AG to Cancel $6.6 million in Card Debt in Settlement with Debt Buyer 10/23/08
- West ARM Unit Reports Drop in Revenue in Quarter 10/23/08
- US Debt Buyer to Offer Perspective at UK ARM Conference 10/22/08
- IDT Debt Buying Operation Struggles in Latest Quarter 10/15/08
- Aktiv Kapital Signs Collection Contract with Nordea 10/8/08
- Lowell Group Profits Top $36 million in Fiscal Year 9/30/08
- Growing Market for Medical Debt Paper Likely to Follow Financial Bailout 9/24/08
- Collection House Details Turnaround Year in Annual Report 9/22/08
- Radian Increases Stake in Debt Buyer Sherman Financial 9/19/08
- Fox-Pitt Starts Coverage of Asset Acceptance, Portfolio Recovery 9/15/08
- ARM Conference Raises $150,000 for Charity; Collection Awards Handed Out 9/9/08
- Portfolio Recovery Associates Expands Credit Agreement 9/9/08
- Debt Connection Symposium: Medical Debt Sales on the Rise 9/4/08
- West Virginia AG Settles with Five Collection Agencies 8/26/08
- New Trend in Medical Debt Sales Bypasses Collection Agencies 8/25/08
- Debt Resolve Shifts Business Strategy, Closes Collection Agency 8/21/08
- Minority Owner Sells Stake in Sherman Financial for $209 Million 8/15/08
- Aktiv Kapital Earnings Down in Second Quarter on Currency 8/13/08
- NCO’s Quarterly Loss Widens on $24.6 million Portfolio Impairment 8/12/08
- Asta Funding Reports Decrease in Income, Revenue and Collections in Quarter 8/12/08
- Debt Buying Giant Sherman Sees $296 million in Revenue in Quarter 8/11/08
- Debt Buyer FirstCity Posts Loss in Second Quarter 8/11/08
- Asset Acceptance Reports Rough Second Quarter; Announces Change at CEO 8/5/08
- Encore Capital Reports Broad Gains in Second Quarter 8/4/08
Analysis Headlines
- Managing Collection Processes in Uncertain Credit Markets
- Collection Agencies Shifting Strategies in Rough Economy: Survey
- $28 Million FTC Settlement with Bear Stearns/EMC Mortgage has Significant Impact on ARM Industry
- The Art of the Talk Off Can be Taught
- Survey Shows Tough Times But Rosier Outlook for Collectors
- Leveraging Analytics to Prioritize Collections Efforts and Increase Return on Investment
- NCO’s OSI Purchase Helps More Than Just NCO in Government Markets
- Getting Current on Pricing in the U.S. Credit Card Debt Purchasing Market
- The State of the Industry: What is Next for ARM?
- The Future of Receivables Management
- Healthcare Debt: Not Your Typical Portfolio
- HIPAA and Medical Collections: Staying Compliant Worth the Hassle
- Global Aspirations: International and Cross-Border ARM M&A Activity Gains Momentum
- Supreme Court eDiscovery Ruling Impacts Data Management Strategies for Businesses
- How Debt Purchasing Companies are Being Valued in Today’s Market
- Interview: Michael Taulbee, Partner and Managing Director of Houston Funding
- The Future of Receivables Management
- Debt Buyers’ Growing Interest in Alternative Asset Classes
- Getting the Word Out on Portfolio Purchases
- ARM Business Planning for 2007
- Predictions for 2007; What’s Next for ARM?
- Resources for New Debt Buyers
- Expert Roundtable: Debt Purchasing for Collection Agencies
- Buyer Beware: A Word of Caution to Debt Purchasers
- Statute of Limitations
- Branching Out: Debt Purchasing Firms Expand and Diversify
- Pricing in the U.S. Credit Card Market
- The Importance and Availability of Media in a Portfolio
- Liquidation Rates Can be Higher
- 20 Sure Fire Ways to Lose Money, and Get Sued
- Unsecured Creditors – Challenges after Bankruptcy Reform
- Interview: Bud Reitzel, Founder of Asset Acceptance
- Separate Your Agency from the Competition
- The Impact of Scoring on Collections
- The Role of Sellers, Resellers & Brokers in Debt Purchasing
- Early Findings from the Kaulkin Report
- 2004 Not Just Another Year in the Collection Industry
- The Media and Debt Purchasers
- Collection Industry M&A Activity Skyrocketing
Research Headlines
- Kaulkin Report 7 Excerpt - Competition to Intensify in the Debt Buying Market
- Kaulkin Report 6th Edition - Mergers & Acquisitions
- Healthcare ARM Report - Healthcare Sector of the ARM Industry
- Global Debt Buying Report - Outlook on Market Threats
- Global Debt Buying Report - Bankruptcy Receivables in the U.S.
- Global Debt Buying Report - Accounting in the U.S. Credit Card Market
- Global Debt Buying Report - Globalization in the U.S. Credit Card Market
- Global Debt Buying Report - Resales in the U.S. Credit Card Market
- Global Debt Buying Report - Pricing in the U.S. Credit Card Market
- Global Debt Buying Report - Volume in the U.S. Credit Card Market
- Global Debt Buying Report - Expected Returns in the U.S. Credit Card Market
- Global Debt Buying Report - Portfolio Sizes in the U.S. Credit Card Market
- Global Debt Buying Report - Outlook on Emerging Classes of Debt
- Global Debt Buying Report - Overall Market Outlook
- Global Debt Buying Report - A Pan-European Debt Buying Perspective
- Global Debt Buying Report - Debt Buying in France
- Global Debt Buying Report - Debt Buying in Germany
- Global Debt Buying Report - Debt Buying in Italy
- Global Debt Buying Report - Debt Buying in New Zealand
- Global Debt Buying Report - Debt Buying in Poland
- Global Debt Buying Report - Debt Buying in Spain
- Global Debt Buying Report - Debt Buying in the United Kingdom
- Global Debt Buying Report - Outlook on Competition
- Global Debt Buying Report - Outlook on Pricing
- Global Debt Buying Report - Auto Deficiency Receivables in the U.S.
- Global Debt Buying Report - Debt Buying in Australia
- Global Debt Buying Report - Debt Buying in Benelux
- Global Debt Buying Report - Debt Buying in Canada
- Global Debt Buying Report - Healthcare Receivables in the U.S.
- Global Debt Buying Report - Telecommunications Receivables in the U.S.
- Kaulkin Report 6th Edition - Debt Buying
Press Releases
- The Debt Marketplace Announces Buyer/Seller 101 Course Offering 1/7/09
- Aktiv Kapital Considers Strategic Options for Danish Operations 1/5/09
- Executive Change: Sam Marsden to Lowell Group as Head of Compliance and Internal Audit 1/5/09
- Asta Funding Cuts Dividend, Announces Board Resignation 12/19/08
- Southeast Chapter of RPMG to Hold New Year's Gala January 8 12/16/08
- FirstCity Financial Agrees to Settle Lawsuit Over Prudential Proceeds 12/15/08
- TASC Executive Board Member Teresa Schumann to Present at 2009 DBA Conference 12/12/08
- Inland Capital Services to Operate Online Debt Sales Auction Company Blue Sky 12/11/08
- Executive Change: Samantha Swallow to Lowell Group as Customer Service Manager 12/10/08
- Executive Change: Rob Munroe to The Judgment Group as VP Portfolio Sales 12/9/08
- Contrax Systems to Launch Intelligent Desktop Stratification and Liquidation Modeling System 12/5/08
- Executive Change: Mark Eichler Joins NLEX Management Team 12/3/08
- OneClick-Data Now Offers Place of Employment Searches 12/3/08
- Intrum Justitia Acquires Two French ARM Firms 12/2/08
- Collins Financial Services Secures Debt Financing to Support Growth 11/25/08
- Executive Change: Neil Kendall to Lowell Group as IT Project Manager 11/25/08
- SoundBite Communications Named an 'Innovator' by Bank Technology News 11/25/08
- Cabot Financial Mans the Phones for Children In Need 11/20/08
- Regulations Limit Scope of 36-Month Rule Relating to 1099-C Reporting: ACA 11/18/08
- Experian Launches Comprehensive Suite of Collections Capabilities 11/17/08
- The Receivables Exchange Welcomes Cedar Lane as a Buyer of Entertainment Receivables 11/10/08
- Executive Change: Juan Carlos Gonzalez Named Head of Aktiv Kapital's Spanish Operation 11/6/08
- Streamline Capital Designates Portfolio Management Group as Exclusive Sales Agent 11/5/08
- Executive Change: CEO Michael Wolf Leaves Intrum Justitia 11/5/08
- Executive Change: Najib Nathoo Named CEO of 1st Credit Ltd 11/4/08
- Executive Change: Kim Lillie to LDG Financial Services as VP, Marketing 11/3/08
- Executive Change: James Rossini to The Receivables Exchange as Security Director 11/3/08
- Leading Debt Portfolio Broker Announces Record Quarter 10/31/08
- Debt Buyer LINK Financial Forms £250 million Partnership 10/31/08
- Cabot Financial Wins ‘Debt Purchaser Of The Year’ Award in UK 10/27/08
- Debt Buyer Small Business Card Study Announced by The Debt Marketplace 10/22/08
- Convoke Systems, Inc. Receives PCI Compliance Certification 10/22/08
- Phoenix-CRMC Speaks at the Ontario Society of Collection Agencies Annual Conference 10/20/08
- Encore Capital to Announce Third Quarter 2008 Results on October 28 10/17/08
- Nomination Committee for Intrum Justitia AB 10/16/08
- M&A Activity in the Debt Collection and ARM Industry Holds Steady through Q308 10/15/08
- FirstCity Financial Completes Purchases Under Stock Repurchase Plan 10/14/08
- LINK Financial Launches Brand Dedicated to Student Loan Servicing 10/10/08
- Al Brothers Named DCS 2008 Debt Buyer of the Year 10/1/08
- Two New ARM Businesses Launched in Canada 9/26/08
- CDIA Hosting Webinar For Debt Buyers and Third Party Collectors 9/24/08
- FDIC Selects DebtX to Sell $424 Million in Loans 9/24/08
- Debt Buyer Velocity Announces Filing of Registration Statement for Sale of Common Stock 9/18/08
- ACA to Introduce New Element to PPMS Program 9/17/08
- Crown Asset Management Honored as One of America’s Fastest-Growing Private Companies 9/16/08
- Galaxy Asset Management and Carval Partner to Manage Investments In Consumer Loan Portfolios In the U.S. 9/11/08
- Executive Changes: IDT Carmel Holdings Appoints Collections Industry Veterans 9/5/08
- Skills World to Launch New Training Aid for Credit and Collections Industry 9/4/08
- DebtX Offers CMBS Loan Pricing Data To Bloomberg Subscribers 9/4/08
- Runci Group Releases Runci Strats for Portfolio Stratification Reports 9/3/08
