DDA, or Demand Deposit Accounts, are more commonly known as bank overdrafts. The accounts have been closed by the bank with negative balance, and are now being packaged for sale with other similar accounts- many times by state or region. This type of paper is best collected upon during the fresher or earlier agency phases, and is a favorite amongst low balance collectors.
Some sellers will prefer to list debt on open exchange and mass market, but many will only sell by private bid. Listed below are a few of the files current available through BuyingDebt.Org. To view a data file- download the NDA(non-disclosure agreement), fill it out and email or fax it back to me at (856) 997-9407. If you already have an NDA on file with me, email me or use one of the contact forms on this page to let me know what you would like to see.
Files can move quickly and information here will change often so check back periodically. Please contact me if you have questions or if you need any assistance with due diligence. When you are ready to submit a bid on a file, email me with the details of the selection file and pricing so I can present them to the seller.
|Original Creditor||Accts||Balance||Avg ChgOff||Availability||NDA|
|CALL/EMAIL FOR DETAILS||6,552||$2,968,679||12/14/06||Mostly OH||BuyingDebtNDA|
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