Tuesday, July 5, 2011

Debt Purchasing 101

I have been in the debt purchasing and sales business now for over five years, both as a sales and acquisitions manager for a national collection company and a business development specialist for a large broker in the collections industry. I have recently seen some books and seminars offered for people interested in getting into this industry. Much of the educational material out there in regards to debt purchasing is offered for considerable fee which leads me to wonder whether the instructors and authors of this material are truly interested in teaching the information or just earning the fee. I also believe it tends to bring an element of get rich quick thinking to the business which is misguided. There is money to be made in the industry, but one needs to have a longer term strategy than many are willing to give it. In response to this need for a longer term strategy I have created the educational resources at debtpurchasing.net. Registration is FREE and the material is invaluable for anyone considering this business.

Why offer this information for free? I want to earn your business when you decide to begin buying debt and collecting. I also have a listing website for debt portfolios at BuyingDebt.Org for anyone looking to buy or sell debt portfolios.