Submitted by Dank-but-true t3_11b1wlt in wallstreetbets
Dank-but-true OP t1_ja4bqt6 wrote
Reply to comment by stonks_better in ECPG - Encore Capital by Dank-but-true
Good point but I think a high bankruptcy rate will just push down the rate they pay for debt. Thoughts?
stonks_better t1_ja4d937 wrote
Depends how much impact it has on the loans they're holding and trying to collect on. Hard to deal with the uncertainty
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