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Published by jack elliot

 

How to profit from Debt

 

That is, you borrow £10,000 from a bank. If you don't pay them back and they are unable to get the money back from you using their own processes, they will sell the debt to a debt collecting organisation for something like £200. that debt collecting organisation will then try to make a profit by collecting more than 2% of the debt they have purchased.

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