After 180 days, the likelihood an unpaid credit card bill will be paid drops to the point where the risk is too great for the bank. So it sells the debt. To whom? These guys. [NYT] (more…)
Rob Beschizza, Boing Boing
Thu, 08/21/2014 - 6:54am
After 180 days, the likelihood an unpaid credit card bill will be paid drops to the point where the risk is too great for the bank. So it sells the debt. To whom? These guys. [NYT] (more…)