Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
Re: Understanding agencies that buy your loans once defaulted

Yes but these are not factoring companies.  These are collection agencies that are filing a glitch to the CRAs in order to bypass some of the posting restrictions of CAs.  I agree that there are factoring companies, however purchasing those in arrears in not by definition a factoring company, they are a CA.


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