Sell Payday Loans at the Highest Price

How to prepare for selling and get the highest income.
Find out here!

In-depth Portfolio Analytics

Debexpert analytics team reviews portfolio and provides recommendations how to get the highest price for your debt portfolio.

Request Portfilio Analytics

Portfolio Auction Setup

Debexpert will guide you through the auction setup process and advice auction type, how to divide portfolio into pools and the best time for portfolio selling.

Portfolio PreSale

Debexpert engages the best debt buying companies and do the presale. Debt sellers can monitore all activities on a dashboard online.

Bids from Debt Buyers

Hundreds of companies that buy debt will bid for your portfolio online. Sellers can communicate with buyers on Debexpert loan marketplace.

Close the Deal Online

Auction winner and seller close the deal and sign the contract. Payment will be made directly from the buyer.

Post Sale Service

File exchange and communication logs between debt buyer and seller are end-to-end encrypted on Debexpert loan marketplace.

Do you have payday loan portfolios and want to sell them for the best rates? There’s no need to work with collection agencies or waste tons of time searching for trustworthy buyers. Let Debexpert help you at every stage of the deal — our platform unites the best buyers from all over the USA. 

In-depth Portfolio Analytics

Debexpert analytics team reviews portfolio and provides recommendations how to get the highest price for your debt portfolio.

Request Portfilio Analytics

Portfolio Auction Setup

Debexpert will guide you through the auction setup process and advice auction type, how to divide portfolio into pools and the best time for portfolio selling.

Portfolio PreSale

Debexpert engages the best debt buying companies and do the presale. Debt sellers can monitore all activities on a dashboard online.

Bids from Debt Buyers

Hundreds of companies that buy debt will bid for your portfolio online. Sellers can communicate with buyers on Debexpert loan marketplace.

Close the Deal Online

Auction winner and seller close the deal and sign the contract. Payment will be made directly from the buyer.

Post Sale Service

File exchange and communication logs between debt buyer and seller are end-to-end encrypted on Debexpert loan marketplace.

In-depth Portfolio Analytics

Debexpert analytics team reviews portfolio and provides recommendations how to get the highest price for your debt portfolio.

Request Portfilio Analytics

Portfolio Auction Setup

Debexpert will guide you through the auction setup process and advice auction type, how to divide portfolio into pools and the best time for portfolio selling.

Portfolio PreSale

Debexpert engages the best debt buying companies and do the presale. Debt sellers can monitore all activities on a dashboard online.

Bids from Debt Buyers

Hundreds of companies that buy debt will bid for your portfolio online. Sellers can communicate with buyers on Debexpert loan marketplace.

Close the Deal Online

Auction winner and seller close the deal and sign the contract. Payment will be made directly from the buyer.

Post Sale Service

File exchange and communication logs between debt buyer and seller are end-to-end encrypted on Debexpert loan marketplace.

Sell your BHPH portfolio with Debexpert

BHPH loans are the most sensitive to the deterioration of the economy, job losses by debtors, and a decrease in the value of the collateral. Therefore, the sale of Buy Here Pay Here loans is a popular way to reduce risks for lenders because it allows fixing the profitability of loans issued and reduces the chances of non-repayment of debt.


The main advantages to sell BHPH notes are:

High level of contact of borrowers for this type of debt

BHPH portfolios are in great demand among debt buyers today, which allows them to get reasonable prices when selling performing and non-performing accounts. Debt buyers believe that the contact data of debtors is higher than that of other loans because the loan issuance and debt payment took place at a specific location. There is a high probability that this debtor will have fresh contact information and his place of residence is near the loan issuance, which will simplify the tax repossession, if necessary.

High price for a debt portfolio

Today, demand for this type of portfolio exceeds the supply, because the share of Buy Here Pay Here loans in the auto loan industry is growing. Debt buyers are happy to consider and buy goods using this type of debt. Suppose institutional debt buyers usually buy auto loans. When companies sell BHPH portfolios, the circle of buyers is broader and includes mid-size retail investors and other BHPH dealerships.

Speed of sale

Debt buyers will understand this product, so in evaluating the portfolio, there are no questions as a rule. Therefore, the transaction can be closed in a few days when using a professional intermediary.

Auto auctions

See all Non-performing Auto actions

See all Performing Auto actions

Features of selling Payday loans on debexpert.com

Different types of auction

Choose the best rates and sell your payday loan debt in the format that fits you — English, Dutch, sealed-bid, or hybrid. On our digital loan marketplace, you can see in-depth information about the bidders and their profiles. 

Get 24/7 assistance 

Thanks to their combined 100+ years of experience, our professionals can provide you with advice on market conditions, price expectations, and compliance checklists. At every step of the debt selling process, you can rely on your dedicated account manager to offer timely support. 

Extensive buyer database 

There are hundreds of buyers in Debexpert's network, including funds, collection agencies, family offices, legal firms, and passive debt buyers. Not sure which option to select? We will help you locate the buyers who submit the most aggressive offers.

When endless repayment of MCA debt chokes their cash flow, many thousands of companies are forced to file bankruptcy. We provide these company owners with a comprehensive way out of the debt cycle and a definite path to recovering control over their personal finances and their businesses.

The procedure is easy. Our portfolio manager will go in-depth into your particular situation during our free, no-obligation consultation. We will help you figure out whether you can sell MCA debt and guide you through the process of merchant cash advance debt selling step by step. 

Selling your business debt is a faster and safer alternative to dealing with merchant cash advance attorneys because you can close your loan in a single payment and avoid hidden fees and extra interest rates. 

Today, hundreds of lenders and dealers sell their auto loan portfolios using a forward flow mechanism (fixing the sale price on loans to be issued in the future), making the business's operating model more predictable and sustainable.

Why sell Payday loans?

Here are the major reasons to sell your payday loans:

Here are the major reasons to sell your payday loans:
  • It allows you to decrease payment delays and resell your loan portfolio for more optimal sums.
  • Many lenders sell loans due to liquidity reasons, so as to eliminate the loans in their balance sheet. They sell loans so they can lend to more borrowers.
  • Some lenders don’t have the capacity to continue servicing all the loans they make, so they sell both the debt and the servicing rights to a new organization — and will deal with that new party if problems arise. 

Performing and non-performing Payday loans

To sell a payday loan on Debexpert, you will need to undergo the following steps:

Performing Payday loan

A performing loan is one on which the borrower has traditionally made timely payments. Performing payday loans are ones that are usually paid within the loan terms. Loans with payments that are fewer than 90 days late may occasionally be deemed as performing. You can sell such loans much faster and ask for higher bids because your credit history is not spoiled with them.

Non-performing Payday loan

Non-performing payday loans are overdue. They can be sold by banks to other banks or investors. As a rule, these loans are bundled up and sold at a discount, so be ready to charge less than planned.

Why not a collection agency?

To sell a payday loan on Debexpert, you will need to undergo the following steps:

Don’t bother working with collection agencies when you can sell your payday loans easier with Debexpert. Here’s why our platform is a simpler solution:

Debexpert unites the largest number of American buyers — competing with each other, they can come up with the best rates.

Our platform is absolutely free for sellers.

Debexpert uses end-to-end encryption, which ensures complete safety for both sellers and buyers. 

So if you don’t want to overpay and stress over communicating with collectors, sell your payday loan online – Debexpert can make this process simpler than ever before.

Sell Payday loans

How to prepare for selling a Payday loan

To sell a payday loan on Debexpert, you will need to undergo the following steps:

Sign up on Debexpert

Once you sign up on Debexpert, consult a dedicated sales manager: find out how much you can charge for your loan. 

Request Portfilio Analytics

Prepare a masked file

Prepare a masked file (a file that lists all accounts that you want to sell).If you need to sell an entire portfolio, break it down into pools, locations, and states of delinquency.

Check the availability of documents

Ensure the availability of original documents of loan contracts (ideally, they should be stored in electronic form).

Prepare the Purchase Sales Agreement

Prepare the Purchase Sales Agreement that describes the terms of transaction closing, transferring documents, and obligations of the seller and buyer. 

Prepare a Seller's Questionnaire

Prepare a Seller's Questionnaire that describes the major characteristics of the portfolio to be sold. 

Conduct debt buyer due diligence

Once you start receiving offers, conduct debt buyer due diligence to find the one with a trustworthy reputation and optimal bids.

How to maximize the income from Payday loan sales

Here are the recommendations to help you sell your payday loan at its maximum cost:

Many Payday loan borrowers make a big mistake by delaying payouts. If you don’t want to spoil your credit score and increase interest rates, sell your Payday loan. This approach has a number of benefits:
  • Get the documentation ready in advance
    If you want the sale price of the portfolio to rise by 20–30%. Why are deadlines crucial? Because lenders’ interest rates rise with each additional day of delay. The buyer needs to start working with the portfolio as soon as possible.
  • Make sure that your masked file contains as much necessary information as possible.
    If any additional data is needed, stay in touch and communicate proactively. 
  • Give debt buyers the opportunity to bid on your portfolio.
    The more offers you get, the higher the chance of obtaining a high sale price. 
  • Your bad credit history can be improved instantly after selling your debt.

We make selling payday loans easy

Selling your payday loan is a quick and easy procedure with Debexpert.com that only requires six basic steps: 

6 simple steps to turn your Payday loans into cash

Register on Debexpert

Contact your dedicated manager, who will examine your debt portfolio, determine whether you are eligible to sell it, and consult you on the cost of your loan.

Request Portfilio Analytics

Create your portfolio

We will help you with compliance checklists, debt portfolio organization, and collection of documents for potential debt buyers.

Hold an auction

Debexpert can help you choose the best form of auction (English, Dutch, sealed-bid, or hybrid) and will walk you through the selling process. We'll assist you in creating pools out of your portfolio and explain when to start looking for buyers.

Pre-sell your portfolio

Debexpert will supervise the presale process and provide a list of the best purchasers for your debt. You can see who has viewed your portfolio and keep tabs on the sales process on your dashboard. 

Review offers from buyers 

Compare buyers’ bids and contact your manager if you have problems choosing one.

Complete the deal

Once you select one of the bidders, you can initiate the selling process and get your money quickly. We guarantee ongoing support and the security of transaction data.

Testimonials

We have hundreds of satisfied sellers and buyers. Some of their testimonials are below:

Awesome Experience Working with Great Debexpert Group

"Very happy to work together with Debexpert group specially Henry with excellent clients service and they teamwork is very professional, helpful and knowledgeable they goes the extra mile to close for any of the clients. I really admire his work ethics. He is very hardworking and always has answer to our questions .Best part he’s always available to help. I would highly recommend they services. Thank you"

Wonderful communication and support

"Wonderful communication and support. I have always had all of my questions answered quickly, and everyone has been accommodating to make the process as easy as possible. I always look forward to seeing the new offerings, and am excited to be building a relationship with a great company!"

P_F

Professional

"Professional, fair, and goes the extra mile to close note purchases-especially important when dealing with unrealistic/difficult sellers."

Larry Nein

Great experience dealing with Henry Arora

"Henry is the Business Development rep assigned to our small boutique real estate investment firm. Henry is great with follow-up and answering any and all questions I have. We have been very pleased with both your platform and Henry's service and "can do" approach."

Al Curiel

Rep at debexpert.com makes working with the platform easy

"Our rep at debexpert.com has always been very proactively communicative, reaching out to make sure we are aware of trades that fit our buying box and easily accessible to answer questions and help facilitate the process."

Customer

What debt are we selling?

We specialize in consumer debt portfolios, real estate notes , medical, student debt and credit card loans.

Awesome Experience Working with Great Debexpert Group

"Very happy to work together with Debexpert group specially Henry with excellent clients service and they teamwork is very professional, helpful and knowledgeable they goes the extra mile to close for any of the clients. I really admire his work ethics. He is very hardworking and always has answer to our questions .Best part he’s always available to help. I would highly recommend they services. Thank you"

Awesome Experience Working with Great Debexpert Group

Wonderful communication and supportWonderful communication and support. I have always had all of my questions answered quickly, and everyone has been accommodating to make the process as easy as possible. I always look forward to seeing the new offerings, and am excited to be building a relationship with a great company!

Wonderful communication and support

"Wonderful communication and support. I have always had all of my questions answered quickly, and everyone has been accommodating to make the process as easy as possible. I always look forward to seeing the new offerings, and am excited to be building a relationship with a great company!"

P_F

Awesome Experience Working with Great Debexpert Group

"I gave Debexpert 5 stars because they have excellent client service. They know their customers and check with them to make sure they have seen product that fits their criteria. Hitansh has been very helpful and knowledgeable."

Professional

"Professional, fair, and goes the extra mile to close note purchases-especially important when dealing with unrealistic/difficult sellers."

Larry Nein

Great experience dealing with Henry Arora

"Henry is the Business Development rep assigned to our small boutique real estate investment firm. Henry is great with follow-up and answering any and all questions I have. We have been very pleased with both your platform and Henry's service and "can do" approach."

Al Curiel

Looking for Payday loan buyers?

Frequently Asked Questions

Payday Loans

How to Sell an Installment Loan Portfolio?
How to Sell Payday Loans?
See all Frequently Asked Questions

Frequently Asked Questions

How long does it take to get rid of MCA debt?

It may take many months or even a year or more to bring about a final resolution with your MCA lender, but Debexpert offers a faster solution. On our loan marketplace, you can sell your merchant cash advance within a few days. 

What other options do I have?

Many businesses try to negotiate settlements with their MCA lender, but it only leads to higher fees and interest rates. If your credit history is not spoiled, you can apply for a debt consolidation term loan and use the proceeds to pay off your merchant cash advance loan. If this is not an option, you can file for bankruptcy, but this means putting an end to your business. The fastest and most convenient option is selling your merchant cash advance debt on Debexpert. 

What Are the Benefits of Selling Your Auto Loans?

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

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/auctions

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.

We have the best loans

Past debt portfolios for sale

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