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FAQ

In this section we have collected answers to the most frequently asked questions about registration on the site, platform operation, what types of debts are sold at debexpert.com

General

Can You Buy Debts?

Yes, but you will need to get the appropriate state license for this activity.‍

Is Debt Buying Profitable?

Yes! Debt buyers make money by acquiring unpaid debts cheaply and then trying to collect from the debtors. Even if the new debt buyer collects only a fraction of the amount owed on a bad debt they buy — say, two or three times what it paid for the debt — they still make a significant profit.‍

How Do You Make Money Buying Debt?

Usually non-performing debt is sold with a significant discount to face value. A buyer of a debt expects to get more than what was paid for it. Recovery is made through employing a 3rd party collection agency or an attorney.‍

Can You Buy People's Debt?

Buying and selling debt is allowed in all states, despite some states requiring licensing for buying debt.‍

Can You Sell Your Debt?

Debt can be sold by the originator of debt or the title holder. A borrower can not transfer or sell his debt.‍

How Long Does the Purchase Process Take?

The buying process takes several days, during which buyers analyze the portfolio, decide on the price of the debt portfolio, and make offers to the seller.‍

Auto Loan Portfolio Sale Example

Auto Loan Portfolio Sale can be performing, charged-offs, or auto deficiencies. Examples can be found on our website https://www.debexpert.com/debt-for-sale

What Are the Benefits of Selling Your Auto Notes?

Selling Your Auto Notes benefits lenders because it helps get money back into the company to issue new loans.‍

Why Are Buy Here Pay Here Loans Sold?

Buy Here Pay Here Loans are sold to securitize existing debt portfolios, make cash injections to originate new loans, improve business ratios or optimize operational processes. Reasons may differ for each lender but can be resolved by selling a debt portfolio.‍

What Is an Auto Loan Portfolio Sale?

An Auto Loan Portfolio Sale transfers the title to a debt buyer for auto loan accounts. Auto Loan Portfolio Sale can be either performing or charged-off accounts sale.‍

How Can I Sell Debt?

The best way to sell debt is through a debt auctioning platform.‍

Can You Purchase Someone's Debt?

All kinds of debt can be purchased.‍

How Do I Start a Debt Buying Business?

To start a debt buying business you need to establish a legal entity, get a license, insurance coverages and set up internal procedures to manage personal data. If you want to open a new debt buying business, please contact our managers for assistance.‍

Can You Buy and Sell Debt?

Buying and selling debt is allowed in all states, despite some states requiring licensing for buying debt.‍

What are the Tactics to Collect Debt?

Buying and selling debt is allowed in all states, despite some states requiring licensing for buying debt.‍

What are the 3 Key Strategies When It Comes to Collections?

There are 3 key strategies: 1. Internal Collection 2. 3rd party collection3. Debt Selling‍

What is the Most Effective Way to Collect Debt?

The most effective way to collect debt is internal collection. As originators of debt have close relationships with borrowers therefore the expected response and collection rate shall be higher comparing 3rd party collection agencies. This strategy has the highest efficiency in the first 90 days of delinquency. After that originators shall consider selling uncollected accounts as this strategy proved to be the most efficient after 90 days.‍

Which Financial Metric Shall be Considered When Buying Real Estate Note?

We recommend considering Note Yield as the most complete metric for a note investment.‍

What Is the Yield on a Note?

Note Yield is an analysis of the return on a note investment measured in percentage.‍

How Do You Calculate Note Yield When Buying Real Estate Notes?

How to Sell an Installment Loan Portfolio?

Installment Loans sale process is similar to Payday loans. To prepare for the sale, the originator needs to prepare a masked file, PSA and media samples. English auction should be used to collect offers.‍

How to Sell Payday Loans?

Payday loan portfolios are the most demanded inventory on the market. Before selling a payday loan portfolio borrowers documentation shall be prepared, purchase sale agreement drafted and account’s balances gathered in a masked file. It is better to conduct the sales process through the English auction.‍

How to Sell My Auto Notes?

Information about accounts for sale needs to be downloaded from the accounting system. Information about VIN numbers, car type and model needs to be added to the data tape. If you’re planning to sell charged-off accounts we recommend you consider English auction, in case of selling performing accounts Sealed bid auction is the best decision.‍

How to Sell a Credit Card Portfolio?

Before selling a credit card portfolio you need to prepare a masking file as well as prepare a Purchase Sale Agreement. To maximize proceeds we recommend to use English auction that allows to create bidding war between debt buyers.‍

What Type of Buyers Is Best For My Portfolio?

Usually buyers that specialize in a particular type of debt are the best as they offer the most competitive pricing and reduce the number of mistakes when collecting on debt.‍

What Should I Do With Charged-Off Accounts?

Charged-off accounts can be transferred to a third party collection agency or sold to a debt buyer. The sale of accounts allows lenders to free up cash and not wait for months or years to collect on debt.‍

Can I Sell My Debt Portfolio?

Yes, originators of debt or title holders of judgements can sell their debt portfolios.‍

Who buys debt?

Usually debt is bought by investors that specialize in buying debt portfolios. Law offices, family offices or collection agencies might be buying debt portfolios as well.‍

What Does it Mean to Buy and Sell Debt?

It is the process of transferring ownership over a debt portfolio.‍

How do Debt Buyers Make Money?

Debt buyers collect the debt purchased from a lender—those borrowers who pay and will make up the income of the debt purchaser.‍

Can I Sell my Personal Debt?

Debexpert does not sell personal debt. It deals only with lenders and other financial institutions.‍

Why do Companies Sell Debt?

Often companies sell debt to gain an influx of cash and improve the business bottom line. Also, companies that sell debt improve their recoveries drastically. Also, companies can use debt sales to reduce their legal risks.‍

What Happens When You Sell Debt?

When the debt is sold, the right to claim the debt is transferred to the buyer. At the same time, further interest accrual is impossible if charge-off accounts are sold. When selling performing accounts, the interest payment arrangement goes to a new owner. The debtor will be notified of the debt transfer by receiving a notification letter, and on the credit report, the owner or debt will be indicated.‍

Where to Find a Debt Broker?

There're a lot of debt brokers on the market. We recommend to use debt broker with the reputation, adhering to the best industry practices and protecting data using end-to-end encryption.‍

Can I Buy a Debt Portfolio Through a Debt Broker?

To buy a debt portfolio using debt broker service, a debt buyer needs to qualify compliance requirements.‍

Why Is It Important for Debt Buyers to Work with a Debt Broker?

Debt broker has a network of lenders and financial institutions thus they are able to find a debt portfolio for sale that can be interesting to a debt buyer.‍

Why Is It Important for Lenders to Work With a Debt Broker?

Debt broker has nationwide base of debt buyers thus it can provide a variety of the most appropriate debt buyes who specialize in particular debt type. This kind of debt buyer can offer the highest possible price.‍

What Does a Debt Broker Do?

Debt broker is a professional middle man who helps connect lenders with the network of debt buyers, markets its portfolio and closes the deal.‍

What Does it Mean to Buy and Sell Debt?

It is the process of transferring ownership over a debt portfolio.‍

How do Debt Buyers Make Money?

Debt buyers collect the debt purchased from a lender—those borrowers who pay and will make up the income of the debt purchaser.‍

Can I Sell my Personal Debt?

Debexpert does not sell personal debt. It deals only with lenders and other financial institutions.‍

Why do Companies Sell Debt?

What Happens When You Sell Debt?

FAQs of Debt Buyers

Can You Buy Debts?

Yes, but you will need to get the appropriate state license for this activity.‍

Is Debt Buying Profitable?

How Do You Make Money Buying Debt?

Can You Buy People's Debt?

Buying and selling debt is allowed in all states, despite some states requiring licensing for buying debt.‍

Can You Sell Your Debt?

Debt can be sold by the originator of debt or the title holder. A borrower can not transfer or sell his debt.‍

How Long Does the Purchase Process Take?

The buying process takes several days, during which buyers analyze the portfolio, decide on the price of the debt portfolio, and make offers to the seller.‍

Auto Loan Portfolio Sale Example

Auto Loan Portfolio Sale can be performing, charged-offs, or auto deficiencies. Examples can be found on our website https://www.debexpert.com/debt-for-sale

What Are the Benefits of Selling Your Auto Notes?

Selling Your Auto Notes benefits lenders because it helps get money back into the company to issue new loans.‍

Why Are Buy Here Pay Here Loans Sold?

What Is an Auto Loan Portfolio Sale?

An Auto Loan Portfolio Sale transfers the title to a debt buyer for auto loan accounts. Auto Loan Portfolio Sale can be either performing or charged-off accounts sale.‍

How Can I Sell Debt?

The best way to sell debt is through a debt auctioning platform.‍

Can You Purchase Someone's Debt?

All kinds of debt can be purchased.‍

How Do I Start a Debt Buying Business?

Can You Buy and Sell Debt?

Buying and selling debt is allowed in all states, despite some states requiring licensing for buying debt.‍

What are the Tactics to Collect Debt?

Buying and selling debt is allowed in all states, despite some states requiring licensing for buying debt.‍

What are the 3 Key Strategies When It Comes to Collections?

There are 3 key strategies: 1. Internal Collection 2. 3rd party collection3. Debt Selling‍

What is the Most Effective Way to Collect Debt?

Which Financial Metric Shall be Considered When Buying Real Estate Note?

We recommend considering Note Yield as the most complete metric for a note investment.‍

What Is the Yield on a Note?

Note Yield is an analysis of the return on a note investment measured in percentage.‍

How Do You Calculate Note Yield When Buying Real Estate Notes?

How to Sell an Installment Loan Portfolio?

How to Sell Payday Loans?

How to Sell My Auto Notes?

How to Sell a Credit Card Portfolio?

What Type of Buyers Is Best For My Portfolio?

Usually buyers that specialize in a particular type of debt are the best as they offer the most competitive pricing and reduce the number of mistakes when collecting on debt.‍

What Should I Do With Charged-Off Accounts?

Can I Sell My Debt Portfolio?

Yes, originators of debt or title holders of judgements can sell their debt portfolios.‍

Who buys debt?

Usually debt is bought by investors that specialize in buying debt portfolios. Law offices, family offices or collection agencies might be buying debt portfolios as well.‍

What Does it Mean to Buy and Sell Debt?

It is the process of transferring ownership over a debt portfolio.‍

How do Debt Buyers Make Money?

Debt buyers collect the debt purchased from a lender—those borrowers who pay and will make up the income of the debt purchaser.‍

Can I Sell my Personal Debt?

Debexpert does not sell personal debt. It deals only with lenders and other financial institutions.‍

Why do Companies Sell Debt?

What Happens When You Sell Debt?

Where to Find a Debt Broker?

There're a lot of debt brokers on the market. We recommend to use debt broker with the reputation, adhering to the best industry practices and protecting data using end-to-end encryption.‍

Can I Buy a Debt Portfolio Through a Debt Broker?

To buy a debt portfolio using debt broker service, a debt buyer needs to qualify compliance requirements.‍

Why Is It Important for Debt Buyers to Work with a Debt Broker?

Debt broker has a network of lenders and financial institutions thus they are able to find a debt portfolio for sale that can be interesting to a debt buyer.‍

Why Is It Important for Lenders to Work With a Debt Broker?

What Does a Debt Broker Do?

Debt broker is a professional middle man who helps connect lenders with the network of debt buyers, markets its portfolio and closes the deal.‍

What Does it Mean to Buy and Sell Debt?

It is the process of transferring ownership over a debt portfolio.‍

How do Debt Buyers Make Money?

Debt buyers collect the debt purchased from a lender—those borrowers who pay and will make up the income of the debt purchaser.‍

Can I Sell my Personal Debt?

Debexpert does not sell personal debt. It deals only with lenders and other financial institutions.‍

Why do Companies Sell Debt?

What Happens When You Sell Debt?

FAQs for Debt Sellers

Can You Buy Debts?

Yes, but you will need to get the appropriate state license for this activity.‍

Is Debt Buying Profitable?

How Do You Make Money Buying Debt?

Can You Buy People's Debt?

Buying and selling debt is allowed in all states, despite some states requiring licensing for buying debt.‍

Can You Sell Your Debt?

Debt can be sold by the originator of debt or the title holder. A borrower can not transfer or sell his debt.‍

How Long Does the Purchase Process Take?

The buying process takes several days, during which buyers analyze the portfolio, decide on the price of the debt portfolio, and make offers to the seller.‍

Auto Loan Portfolio Sale Example

Auto Loan Portfolio Sale can be performing, charged-offs, or auto deficiencies. Examples can be found on our website https://www.debexpert.com/debt-for-sale

What Are the Benefits of Selling Your Auto Notes?

Selling Your Auto Notes benefits lenders because it helps get money back into the company to issue new loans.‍

Why Are Buy Here Pay Here Loans Sold?

What Is an Auto Loan Portfolio Sale?

An Auto Loan Portfolio Sale transfers the title to a debt buyer for auto loan accounts. Auto Loan Portfolio Sale can be either performing or charged-off accounts sale.‍

How Can I Sell Debt?

The best way to sell debt is through a debt auctioning platform.‍

Can You Purchase Someone's Debt?

All kinds of debt can be purchased.‍

How Do I Start a Debt Buying Business?

Can You Buy and Sell Debt?

Buying and selling debt is allowed in all states, despite some states requiring licensing for buying debt.‍

What are the Tactics to Collect Debt?

Buying and selling debt is allowed in all states, despite some states requiring licensing for buying debt.‍

What are the 3 Key Strategies When It Comes to Collections?

There are 3 key strategies: 1. Internal Collection 2. 3rd party collection3. Debt Selling‍

What is the Most Effective Way to Collect Debt?

Which Financial Metric Shall be Considered When Buying Real Estate Note?

We recommend considering Note Yield as the most complete metric for a note investment.‍

What Is the Yield on a Note?

Note Yield is an analysis of the return on a note investment measured in percentage.‍

How Do You Calculate Note Yield When Buying Real Estate Notes?

How to Sell an Installment Loan Portfolio?

How to Sell Payday Loans?

How to Sell My Auto Notes?

How to Sell a Credit Card Portfolio?

What Type of Buyers Is Best For My Portfolio?

Usually buyers that specialize in a particular type of debt are the best as they offer the most competitive pricing and reduce the number of mistakes when collecting on debt.‍

What Should I Do With Charged-Off Accounts?

Can I Sell My Debt Portfolio?

Yes, originators of debt or title holders of judgements can sell their debt portfolios.‍

Who buys debt?

Usually debt is bought by investors that specialize in buying debt portfolios. Law offices, family offices or collection agencies might be buying debt portfolios as well.‍

What Does it Mean to Buy and Sell Debt?

It is the process of transferring ownership over a debt portfolio.‍

How do Debt Buyers Make Money?

Debt buyers collect the debt purchased from a lender—those borrowers who pay and will make up the income of the debt purchaser.‍

Can I Sell my Personal Debt?

Debexpert does not sell personal debt. It deals only with lenders and other financial institutions.‍

Why do Companies Sell Debt?

What Happens When You Sell Debt?

Where to Find a Debt Broker?

There're a lot of debt brokers on the market. We recommend to use debt broker with the reputation, adhering to the best industry practices and protecting data using end-to-end encryption.‍

Can I Buy a Debt Portfolio Through a Debt Broker?

To buy a debt portfolio using debt broker service, a debt buyer needs to qualify compliance requirements.‍

Why Is It Important for Debt Buyers to Work with a Debt Broker?

Debt broker has a network of lenders and financial institutions thus they are able to find a debt portfolio for sale that can be interesting to a debt buyer.‍

Why Is It Important for Lenders to Work With a Debt Broker?

What Does a Debt Broker Do?

Debt broker is a professional middle man who helps connect lenders with the network of debt buyers, markets its portfolio and closes the deal.‍

What Does it Mean to Buy and Sell Debt?

It is the process of transferring ownership over a debt portfolio.‍

How do Debt Buyers Make Money?

Debt buyers collect the debt purchased from a lender—those borrowers who pay and will make up the income of the debt purchaser.‍

Can I Sell my Personal Debt?

Debexpert does not sell personal debt. It deals only with lenders and other financial institutions.‍

Why do Companies Sell Debt?

What Happens When You Sell Debt?