The negotiated figure is
usually pennies on the dollar.
Not exact matches
A lot of collections agencies buy debt at
pennies on the
dollar and after failing to collect they
usually sell it to another agency.
the reason is that the amount (
usually pennies) is based
on the
dollar amount of the trade, not the number of shares.
Even more frequently, the creditor sells the debt (
usually for
pennies on the
dollar) to the agency and steps away from the matter altogether.
These agents
usually obtain the debt for
pennies on the
dollar because of the projected time and energy required to collect
on the debt.
The rewards you can earn will
usually equate to a
penny on the
dollar.
And at any given moment, some credit card company is
usually offering rewards valued at several
pennies on the
dollar.