Debt ColleCtion & Debt buying - Center for Responsible …

The FTC considers debt buying to be one of the most significant changes in debt collection in recent years (FTC, 2010). Revenue in the debt-collection industry has increased by more than six times the levels of the early 1970s (FTC, 2010). According to the FTC (2013), credit card debt consistently makes up the majority of debt sold to debt buyers. ................
................