Principles of Collecting Purchased Debt is not a Cookie Cutter Matter

When first attempting to  buy Debt  and turn a profit ,a lot of thought has to be taken, first how  to recover your investment and turn a profit is paramount , if you have no experience Beware without knowledge you will be taken advantage of ... you have to know what you are buying , what the recovery rate is projected to be,  how many times it has been stepped on , what will it cost you start recovery yourself or have it collected for you , there are so many steps that have to mentally be taken it can be a little overwhelming, but not to worry it Can be done and is done every day .. over the next few week I invite people to add to this blog (please be professional ) to help people starting out on how to avoid the pitfalls of Buying Debt and Selling or Collecting for profit .