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Debt Buying Industry Changes in Collection - Economics Book

Amazon

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Description

Explore the evolution of the debt collection industry with this detailed study on debt buying practices. Based on a Federal Trade Commission (FTC) study, this book examines how the sale of debt from creditors to specialized buyers has become a significant shift in the financial landscape. Learn how debt buying functions as a mechanism for creditors to reduce losses, potentially allowing for more credit availability and lower prices for consumers. The text also addresses the important consumer protection concerns that arise from these industry changes. This resource is essential for those studying economics, business, finance, and law, providing a clear perspective on the problems and shifts within modern debt collection markets.

Key Features

Analyzes the growth of debt buying as a significant change in the collection business based on FTC findings.

Explains the process where creditors sell debt to buyers who then attempt collection or resale.

Discusses how debt buying can reduce creditor losses to help provide more credit at lower prices.

Addresses the significant consumer protection concerns related to the rise of debt buying practices.

Provides an academic perspective on economic issues and problems within the debt collection industry.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
29 May 2013
Listed Since
07 March 2013

Barcode

No barcode data available

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