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Posts by Thomas Smith2

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AARP (and related discussions on Swiss Franc loans) (II) in Banking, Insurance & Loans ·
Has anyone here actually "sold" their claims against a bank to some outfit like "Debt Recovery Inc."?
What’s the deal with them? Any horror stories?
Found this ad on their site:

"Did you take out a Swiss Franc Loan from a bank between 2004 and 2008?

You might be entitled to a refund for overpaid interest and the exchange rate difference!

We buy your claims against banks. We take on all the risk of litigation and chasing the bank for payment—IMMEDIATE PAYOUT!

We exclusively purchase claims related to unconvertible, non-litigated, and fully repaid Swiss Franc bank loans!"