***$56K Portfolio - Bidding expires Aug. 11th 2008***
A national finance company is offering a $56K portfolio for sale on Global Debt Network. (GDN), the first online marketplace where seasoned auto loans are transacted.
The loans, which are privately listed, have a weighted average of APR of 24%. The seller will take offers for each of the 8 individual loans, combinations of those loans, or offers for the portfolio as a whole. The seller wishes to release servicing.
***$572K Portfolio - Bidding Expires Aug. 8th 2008***
A regional finance company is offering a $572k portfolio for sale on GDN. The loans, which are privately listed, have a weighted average APR of 25%.
The seller will take offers for each of the 59 individual loans in the portfolio, combinations of the loans, or offers for the portfolio as a whole. The seller would like to release servicing.
To view these loans and to submit an offer, please log in to your GDNAuto account. If you are not yet a member, there is no cost to join. It is also free to view current loans for sale.
GDN invites potential buyers to submit their bids by the expiration dates mentioned above. GDN plans to facilitate the due diligence and transaction process for both portfolios.
For more information, please do not hesitate to calll GDN at 866-559-4339. You can also visit our website at www.gdnauto.com.
The Global Debt Network Team