How To Buy Consumer Debt -

Consumer debt buying is rarely accessible to individuals and typically requires a formal business structure.

Entry costs vary depending on the "vintage" (age) and type of debt. how to buy consumer debt

: Form an LLC or S Corp to protect personal assets and provide the legal standing required by sellers. Consumer debt buying is rarely accessible to individuals

: While some small batches can be found for $1,000 to $10,000 , institutional-grade operations often require $7 million to $15 million in working capital for their first 18 months. 000 to $10