Collection Agency Getting Paid by Issuing Credit Cards

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Collection Agency Getting Paid by Issuing Credit Cards

A collection agency in Oregon is using a unique business model to ensure the money they are going after gets collected: they’re extending credit cards to debtors. The cards not only guarantee a monthly payment, they give those with very poor credit a chance to obtain a low-interest credit card. Beaverton, Ore.-based Genesis Financial Solutions has been extending credit to their debt
 
Topic: Collections Industry