Archive for December 20th, 2009

A New Way to Trade in Loans

Sunday, December 20th, 2009

While in many ways in the online era it would appear an obvious stratagem, before now the acquisition of bank loan portfolios has had to take place through numerous markets with no single outlet. Change has come about with the appearance of a business optimized for the sale of loans employing a process involving bids, which is similar in setup sites like eBay