Why do companies buy debts from other companies, thinking or saying,or what ever that they should use them because they can get the debt collected. I mean you can't get money from someone who doesn't have it. Basically all there doing is calling and either being rude, mean, hateful, or trying to bully the customer into paying. When probably more times that not, the customer would like to take care of the debt thaey just don't have the money too. And the company never wants to make arrangements that the customer can keep.So they end up making the customer mad and defensful and causing them to ignore them in the future. I just don't see there reasoning for. They are buying a debt that is probably mostly interest and penalties thinking it will get paid. If the customer coudln't pay there $500.00 cc balance i don't see that they are going to pay what is now a $1500.00 because of fees like the company wants.Answer Question
Asked by Anonymous at 11:54 AM on May. 21, 2009 in Money & Work
Answer by rkoloms at 2:05 PM on May. 21, 2009
Answer by Erica_Smerica at 2:44 PM on May. 21, 2009
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