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Debt For Sale - $12.3M - Non-Performing Credit Cards/LOC Loans @Nationwide
Debt portfolio sales points
The Company then purchases the receivables—as such, the Company has the contractual right to the receivables. The Company also partners with the Bank to underwrite, service, and collect on all accounts.
Loan originator is Lead Bank, Member FDIC. The Company has a contractual partnership with Lead Bank to issue cards and originate the line of credit.
Direct from the Issuer
Auction Fee to be Paid by the Buyer, 5% of the Purchase Price or $1000 Which Ever is Higher
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