What is the difference between a debt buyer and a debt collector?

Collection Stopper Video FAQ

There are two types of debt collectors. One is a debt buyer. The other is a debt collector. A debt buyer owns the debt. As far as settling with a debt collector, the debt buyer is who you want to deal with. They have paid pennies on the dollar for the debt and you can make a good deal to resolve the debt. The debt collector is operating usually on a third contingency with the actual creditor. They are a little more difficult to negotiate with. Understand the differences, as it benefits you.

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