With individuals and companies stuck in various stages of debt, debt settlement companies specialize in contacting those businesses and individuals to settle their outstanding debt. In order for debt settlement companies to know who to contact they need to have some debt settlement leads. To get those leads, debt settlement companies often purchase them. If you have some debt settlement leads that you would like to sell, you can do so through a debt exchange marketplace.
Instructions
1. Create an online account with a debt exchange marketplace company such as LeadPoint and Debt Connection. To create an account you will need to select that you are a debt seller, give your company name and contact information and the type of debt that you sell. Once you submit your information the account is reviewed and approved typically within two business days. You cannot list your debt for sale until the account is approved.
2. Fill out your information for the leads that you want to sell. Select the type of debt settlement leads--such as automobile, mortgage, education, payday loans and credit card debt. Any additional details, such as if the debt is within the statute of limitations, should be included as well as it can help to sell your leads quicker. Also include if the debtor has ever been contacted for each lead that you have.
3. Wait for bids or offers on your debt settlement leads once you submit the details. Some debt exchange marketplaces allow you to bulk sell your leads to a debt settlement company while others sell the leads individually and pay you at regular intervals.
