Selling and Buying Loans Online
Monday, December 21st, 2009Though on the face of it in the online world it looks like a simple stratagem, before now the sale of bank loan portfolios has taken place through multiple marketplaces with no single outlet. Now they can be acquired using a method made popular as a result of the development of e-commerce — the web-based bidding system patterned after Ebay has been implemented by a far-sighted firm…