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Is this true?

Date: Mon, 03/16/2009 - 17:27

Submitted by anonymous
on Mon, 03/16/2009 - 17:27

Posts: 202330 Credits: [Donate]

Total Replies: 2


Do you think this is true?

Debt buyer buys 1000 accounts. Over time the collection process begins but-----

In 90 days just 26% of debts are uncollectible.
In 120 days are 35% of debts are uncollectible.
In 6 months it's 70% of debts that are uncollectible.
After 1 year the old debts not worth the paper they’re printed on!!