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DCA's & the current crisis


mr.ton
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I think they will end up buying even more bad debt and chasing even more people for payment. That is if they can borrow the money to buy the debt in the first place.

Just some guy. I try to help, but all advice is my opinion.

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My theory is that more debts dont necessarily equate to a booming DCA industry as the current Global Crisis means the increased problems will be down to genuine difficulties and not bunkers so I would think they would be very selective which debts they buy. They don't want to take on debts that cost them too much time and money to collect. (ie CCJ action etc) so I Imagine they will cherry pick their jobs.

 

just a thought.

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