Mutual Advantage Financial, LLC
Financial Services - Oceanside, California, United States
Mutual Advantage Financial, LLC Employees
Mutual Advantage Financial, LLC Details
Mutual Advantage Financial, LLC (MAF) is in the business of acquiring charged off credit card debt at a steep discount and collecting those assets by placing the portfolios with highly qualified third party collection agencies. The purchase and collection of charged off debt is not a new industry – nor is it a small one as it is populated by a handful of large public companies and hundreds of small companies. Right now, and for the next several years, there is a huge oversupply of charged off debt available for purchase (because of the recession and high rates of charge offs at the very large banks). This excess supply allows a new and small market entrant, like MAF, to purchase these assets at a discounted price. MAF is positioned to capitalize on this opportunity. MAF expects to achieve above average collection results by the selection of collection agencies who utilize a unique strategy for working with consumers. The Applied Psychology strategy is unlike the typical "confrontation" strategy used by most collection agencies. MAF has learned the strategy under the guidance of the person who developed it and, at the same time, built the largest and most successful collection agency in the nation.
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