Savvy investors have been utilizing this investment for years. In fact, there are entire companies built around this investment, and those who do it properly have grown to huge proportions.
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Become a Private Investor today.
With Eagle Asset Resolution private investors are able to see up to 25% Return On Investment.
What Kind of investments does Eagle Asset's Resolution make?
Eagle Asset Resolution purchases charged-off consumer loans and charged-off credit card loans and collects on those loans from the original customers. Through mail and telephone, Eagle Asset Resolution contacts the customer and negotiates a discounted cash settlement or a discounted cash payment plan.
These charged-off loans are purchased at an extreme discount. The revenue Eagle Asset Resolution makes is the difference between the purchase price and the amount paid by the customer, less operating and financing costs.
Do you have money to invest?
You might have some money in a 401K retirement plan, an IRA, savings, or stocks. Or maybe you just have good credit and are not using it to its best advantage. With a minimum fico score of 680 you can become a credit partner today. Get up to $20,000 and $50,000 within two weeks to invest with. Start utilizing your credit as an asset and see substantial investment returns almost immediately. There is no out of pocket expense and it doesn't affect your personal credit.
We will help you to unlock the potential of your investments.
Guidant Financial & Equity Trust Company are two companies that we work with to facilitate the utilization of investor's retirement funds.
Here's how we are able to offer such high interest rates:
The market for collections is currently beyond the service capabilities of the industry. From August 2008 to August 2009, charged-off credit card debt rose more than 41%. This is at a time when capacity is at a maximum. The banks holding these debts cannot loan additional funds until they remove these debts from their books. The charge-offs are normally sold at 8% to 12% of their original values. The actual collection average is 30%, traditionally returning a 6%-10% profit margin. Currently, the banks are releasing these debts for less than 5%, increasing the profit margin by as much as 25%.
A typical collection activity, as practiced by most collection agencies, is to pursue an aggressive dialogue with customers. The mindset is to "pound on" the customer repeatedly until eventually the customer "caves in" and offers money just to cause the collection agent to go away. Despite the popularity of this method, it has proven to have limited success.
Eagle Asset Resolution takes a different approach called an Applied Psychology strategy for dealing with customers.
"Polite. Professional. Persistent."
While the confrontational strategy is more like war, where there is a winner and a loser, the Applied Psychology strategy looks for a win-win solution where both parties can feel good about the resolution. Customers react differently to a collector who is not "abusing" them and who acts interested in the problems of the customer. They win, we win, and our investors win.
The number one reason is the recession. Our nation's unemployment rate is at an all-time high because of the recession, which rose in September to 9.8 percent, the highest level in 26 years. The unemployment rate is estimated to peak next year at 10 to 10.5 percent. When people have no source of income they go to their credit cards for a source of income, which has caused the all time high in charged-off accounts. Well, that can only go on for so long before the cards are maxed out, and they have no way of paying them down.
Down Economy Provides Excellent Opportunities:
- In early May of this year, the US Treasury performed a "Stress Test" on 19 of America's 8,300 banks. Found within those 19 banks was $84 billion in charged-off credit card debt. It was also established that by the end of 2009 there would be $140 billion, and $184 billion through 2010.
- The 19 tested banks, which all have at least $100 billion in assets each, accounted for most of the industry's total loans. But the companies represent a sliver of the roughly 8,000 banks nationwide.
- If the 10 largest banks charge off roughly $84 billion this year, then it follows that they will charge off a larger amount next year and even more the year after!
- The total credit card charge-offs could easily reach $200 billion annually by 2012 before they turn the corner and volumes start to decline. So with that said, the amount of none performing loans in America today is so high that we are able to buy this none performing debt from the banks at a steeply discounted price. We are able to settle with the account holders for less and still come out with a substantial profit.