|
|
Article: Biding Time In The Bad-Debt Market; Several economic factors are sinking bad debt prices and it could be months before a rebound begins.(Debt Buying)
- Article from:
- Collections & Credit Risk
- Article date:
- November 1, 2009
CopyrightCOPYRIGHT 2009 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Bill Grabarek
The bad-debt business is in the midst of a buyers' market where few are buying thanks to a sluggish economy, skittish debtors and a lack of available financing.
While prices began to sink nearly two years ago, remaining historically low ever since, more potential buyers are waiting. Some are betting portfolios will come cheaper later; others are unable to get the financing they need to make purchases; still others are struggling trying to liquidate high-priced loans they purchased before prices dropped.
With unemployment and defaults on the rise, large public buyers such as Portfolio Recovery Associates (PRA), Encore ...
Related newspaper, magazine, and journal articles:
|
|
Article: Credit risk: so far so good.(Credit Column)
Business Credit;
June 1, 2004 ;
700+ words
...Introduction Managing credit risk has always been a most risky business ... will find that poor management of credit risk was the root cause of most of the ... measure, monitor and control credit risk as well as to determine that they ...
|
|