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Message
If interested in investing in Consumer debt which companies
Posted on 2/17/25 at 1:42 pm
Posted on 2/17/25 at 1:42 pm
Would be the best to look into?
1
Posted on 2/17/25 at 1:44 pm to Morpheus
If I'm understanding your question correctly,
OPFI
SOFI
NU
OPFI
SOFI
NU
Posted on 2/17/25 at 1:49 pm to bayoubengals88
Yeah for instance if there are certain groups that hold consumer credit card debt.
Thx for the suggestions
Thx for the suggestions
Posted on 2/17/25 at 1:58 pm to Morpheus
quote:
Yeah for instance if there are certain groups that hold consumer credit card debt.
What do you mean? Amex, Discover, Citi, Cap One, etc. are all publicly traded companines that can be invested in.
Posted on 2/17/25 at 1:59 pm to Morpheus
quote:
Yeah for instance if there are certain groups that hold consumer credit card debt.
Any bank has credit card portfolios.
Citi, Cap 1, Discover, etc.
Posted on 2/17/25 at 2:02 pm to bigjoe1
Outside of these companies whom may be the ones who hold the debt for them I guess is what I was asking
Posted on 2/17/25 at 2:06 pm to Morpheus
I don't think we understand what you're asking.
Posted on 2/17/25 at 2:09 pm to bigjoe1
Are there any specific companies who can be invested in that specifically hold consumer debt whether it be charge offs or other?
Thats all I got as far as explaining.
Thats all I got as far as explaining.
Posted on 2/17/25 at 2:10 pm to Morpheus
What is your thesis, are you thinking that the Trump administration will pay off large amounts of credit card debt?
Posted on 2/17/25 at 2:13 pm to bigjoe1
quote:
I don't think we understand what you're ask
The man’s got a plan
Posted on 2/17/25 at 2:13 pm to Morpheus
Sounds like you are looking to get in on a company that specializes in buying people's debt (debt settlement programs) when their CC & other revolving debt gets out of control; and not necessarily the actual lenders?
Posted on 2/17/25 at 2:14 pm to SoLaSMB
Not quite sure yet just was interested in looking at any companies that may do this if they exist.
As we know consumer debt is at an all time high was wondering if it’s worth looking into
As we know consumer debt is at an all time high was wondering if it’s worth looking into
Posted on 2/17/25 at 2:17 pm to Weekend Warrior79
Correct,
Sorry wasn’t really explaining it correctly
Sorry wasn’t really explaining it correctly
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