Junum is also a CA

Discussion in 'Credit Talk' started by BluVegas, Apr 24, 2001.

  1. BluVegas

    BluVegas Guest

    I'm amember of Junum and I'm still waiting after 2 weeks to see some action. Anyways I was browsing around on their site and saw that they are listed on the NASDQ - JUNM.

    Also they have purchased $352 million in bad debt in hopes of getting the debtors to pay...


    So they are actually playing on both sides of fence. Interesting....

  2. BluVegas

    BluVegas Guest

    Another article....

  3. Bill Bauer

    Bill Bauer Guest

    Junum and the Bible

    Well, the Bible says that no man can serve two masters at the same time.

    I'd say we ought to believe what our Lord told us about such things. (Even if that is completely out of context,)

    Good enough for me.
  4. MikeB

    MikeB Banned

    Re: Junum and the Bible

    If Junum or their designee owns the collection account, I wonder if they will send disputes to the CRAs for those accounts. LOL.

  5. Hal

    Hal Well-Known Member

    Re: Junum and the Bible

    Actually I noticed this on Junum before joining. They purchase the debt and offer to settle the debt with the debtor at a fraction of the debt amount in exchange for positive credit report entries. Doesn't sound like too bad of an idea to me.
  6. DaveLV

    DaveLV Well-Known Member

    Re: Junum and the Bible

    No different from The Credit Store if you ask me.

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