Considering that one major medical procedure in the US can easily cost you $60k.
Makes you question the actual value of things.
The staff at the hospital even mentioned that if I didn't have insurance, as long as I paid a $1 a month it wouldn't go into receivership.
Hrm. This might not be a bad business idea. I'm pretty sure I could hassle those people and make decent ROI
I know, but doing it as an individual part timeThat's why companies buy the debt....
Hrm. This might not be a bad business idea. I'm pretty sure I could hassle those people and make decent ROI
I know, but doing it as an individual part time
Yeah its probably a crap job doing collections. Though in this case you can literally offer people to pay only 3-4% of their original debt, and still make money.Didn't want to do it for a company as a job, definitely wouldn't want to do it as an individual.
Yeah its probably a crap job doing collections. Though in this case you can literally offer people to pay only 3-4% of their original debt, and still make money.
At 1% you are more than doubling your money on that account.
He hospital's bills until they threatened him with collections saying that they would settle for half if he paid up. He then paid the tab.