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What do you mean buy bed debt?

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Anonymous

11y ago
Updated: 8/20/2019

I think the question should be 'buy bad debt'. You buy bad debts at a deep discount and make money when the debt was actually paid.

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Wiki User

11y ago

What else can I help you with?

Related Questions

What does it mean to buy debt?

It means to buy peoples bills from a companies then you can collect the debt that they owe and charge interest


Why would someone want to buy debt?

There are several reason for a person to want to buy debt from another. The first is that they will then control the debt. The other reason is that the debt can be bought for less than it is worth.


Is it illegal for a collection agency to buy your debt and come after you?

No, it is not illegal for a collection agency to buy your debt and attempt to collect it from you.


What is the definition of the term bad debt expense?

The definition of the term bed debt expense, is when a creditor for example, has made every reasonable effort to collect the debt, but has failed to do so.


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Do I need to use a debt calculator to see if I can buy a house ?

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Pottery Barn has Charlies bed...........


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