Can I Buy My Own Debt?

Yes, and for only pennies on the dollar.

You’ve all heard about debt buyers purchasing large portfolios of charged-off consumer debt. Whether it’s unpaid credit card debt, auto loans, medical bills, utilities, rent, mortgages, etc., buyers will grab them for pennies on the dollar. This means your outstanding credit card debt of $1000 will be bought for less than $100. However, you’ll still owe the $1000 to the new owner of your charged-off account.

You might be able to negotiate a reduced settlement amount, yet there will be weeks or months of collection calls to deal with. And, at the close of your debt, you’ll be left with nothing.

What if you could be the one who purchases the same account before it’s sold to the debt buyer? There would be no collection activity or judgments against you, with wage garnishments or seizure of assets. You’re not going to take collection or legal action against yourself. You will surely stop all reporting to the credit bureaus about the debt. Plus, you won’t have to pay hundreds of dollars to settle the debt; you’ll buy it for pennies on the dollar.

How can you buy your own debt? Simply through an online platform like BuyYourDebts.com All that’s required is a bit of info and a purchase offer. Your offer will be pooled with other offers to the same creditor and will be accepted or denied by them. If accepted, then you pay the offer amount and take ownership of your account. As a bonus, you now own a debt-based asset that can be leveraged as collateral.

The struggle with old debt that won’t go away is over. Buy your own debt for pennies on the dollar.