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Supply's Low and Prices Are High for Newly Charged-Off Debt

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Tight supply has sent prices for the freshest portfolios of charged-off consumer debts soaring in recent weeks to as much as 12 cents on the dollar.

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Facebook's securities filings show its Facebook Credits digital currency business is exploding. Does it pose a serious threat to banks?
Yes. Facebook Credits threatens to cut off banks from transactions and customer data.
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Maybe. It depends on whether Facebook makes an aggressive move into ecommerce.
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