No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
Midland is one of the nation’s largest “debt buyers,” having purchased approximately $54.7 billion in old consumer debt in recent years. Specifically, Midland buys debt that has been charged-off by the original creditor, usually old credit card debt, for approximately three cents on the dollar. In other words, Midland pays approximately $3.00 for every $100.00 of debt it purchases.
http://www.wvago.gov/press.cfm?ID=609&fx=more
The lawsuit, filed in the Circuit Court of Kanawha County (W.Va.) seeks a temporary injunction against Midland’s debt collection activities in the state until the matter is resolved, for all judgments Encore received in the state to be voided and the company repay any money consumers may have paid, and a $5,000 per-violation fine to be levied against the debt buyer.
@pipeguy wrote:Midland is one of the nation’s largest “debt buyers,” having purchased approximately $54.7 billion in old consumer debt in recent years. Specifically, Midland buys debt that has been charged-off by the original creditor, usually old credit card debt, for approximately three cents on the dollar. In other words, Midland pays approximately $3.00 for every $100.00 of debt it purchases.
http://www.wvago.gov/press.cfm?ID=609&fx=more
The lawsuit, filed in the Circuit Court of Kanawha County (W.Va.) seeks a temporary injunction against Midland’s debt collection activities in the state until the matter is resolved, for all judgments Encore received in the state to be voided and the company repay any money consumers may have paid, and a $5,000 per-violation fine to be levied against the debt buyer.
That's awesome!!!!