Borden: CFPB regulates 6,300 debt collection companies
Gwyneth Borden · Will These VCs Bet on Her Startup? | $100K on the Line for Remynt! · Nov 6, 2024 · at 15:17
Remynt founder Gwyneth Borden argues that customer acquisition in debt collection is viable because the industry is large and profitable.
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“The concern about the acquisition is, I don't think is as founded as you might all assume, just because there are 6300 companies that do debt collection that are regulated by the Consumer Financial Protection Bureau because it's such a profitable space.”
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