Community Leader
Epic Contributor
Posts: 26,021
Registered: ‎03-19-2007
Re: Understanding agencies that buy your loans once defaulted

The distinction I was making did not relate to whether they are a factor, but rather whether they are subject to the FDCPA, regardless of whether they are of call themselves a factor.


Case law has clearly established that parties who purchase debt that is delinquent become subject in their collection activities to the provisions of the FDCPA.

So debt status is relevant to our concerns vis-a-vis dealing with them.