$1.2 Billion Consumer Debt Portfolio Sold on the EverChain Exchange
BOCA RATON, Fla., February 09, 2026–(BUSINESS WIRE)–EverChain Exchange today announced the sale of a $1.2 billion consumer debt portfolio to certified buyers on the EverChain Exchange. EverChain CEO Matthew Wratten said, “EverChain is the only debt exchange where creditors can sell debt confidently in a simple, transparent marketplace built with compliance at its core. It’s […]
$325 Million Auto Deficiency Portfolio Sold on the EverChain Exchange
BOCA RATON, Fla. — EverChain Exchange today announced the sale of a $325.47 million auto deficiency portfolio to a certified buyer in the EverChain network. everchain CEO Matthew Wrattan said, “The everchain exchange continues to be the marketplace creditors use to sell debt for the highest price in a transparent, easy, compliant marketplace.” The everchain […]
Why Creditors Should Join the EverChain Network: Maximize Returns, Minimize Effort
In today’s competitive financial landscape, creditors face increasing pressure to maximize returns while minimizing operational costs. At EverChain, we understand these challenges and have designed our platform to help you achieve these goals with efficiency and ease. Unlock Higher Returns with Competitive Bids One of the key advantages of joining EverChain is the significant increase […]
Navigating Consumer Spending Trends: Strategies to Optimize Debt Sales Across the Divide
At EverChain we understand that navigating the complexities of consumer spending is crucial for optimizing debt sales strategies and overall recovery efforts. Our focus is on comprehending the intricacies of consumer spending behavior and utilizing this knowledge to enhance debt sales strategies, ensuring that our clients achieve the best possible outcomes for their business and […]
How to Transform Charged-Off Debt into Revenue
Learn Why Creditors Are Selling Charged-Off Debt Recent reports reveal that major U.S. banks like JPMorgan Chase and Bank of America are grappling with significant losses due to unrecoverable debt. JPMorgan Chase reported $2 billion in net charge-offs for the first quarter of this year, nearly double the same period last year, while Bank of […]
Driving the Market: A Guide to Auto Loan Portfolio Buyers
In the world of auto loans, savvy investors have a golden opportunity to tap into a lucrative market. The auto loan industry is experiencing significant fluctuations, driven by a combination of economic trends and consumer behaviors. In April this year, 5.23% of subprime auto loans were 60 days or more delinquent, the worst April on […]
Shifts in Consumer Debt: Insights and Strategies for Lenders
Recent studies, including a detailed report by Experian and the latest data from the Federal Reserve Bank of New York, highlight significant shifts in the landscape of consumer debt in the United States. These changes, characterized by increasing charge-offs and delinquencies, underscore the need for lenders to develop comprehensive strategies to effectively address these challenges. […]
Drive Higher Bids: How to Boost Your Debt Sale Price
Achieve the Highest Debt Sale Price without Compromising on Compliance In the dynamic world of collections and recovery, the decision to sell debt is not just a strategy—it is a leap towards financial agility and operational efficiency. For many lenders, the concept of liquidating charged-off accounts is uncharted territory, but it’s filled with potential and […]
How to Sell Debt Compliantly: A Guide for Creditors
Sell Debt While Ensuring Security and Compliance In the current financial recovery landscape, the decision to sell debt to third-party buyers stands out as a strategic move for creditors looking to enhance their recovery strategies. However, the process to sell debt compliantly involves navigating through several complexities, including the selection of the right debt buyer […]
CBA Live 2024: Why EverChain is Heading to DC
Banking’s Future: Tech Trends, Compliance, and Networking at CBA Live We’re thrilled to share that EverChain is gearing up for CBA Live 2024, happening in Washington, DC, from March 25–27. This event is the go-to gathering for those in the retail banking sector, offering a chance to dive into insightful keynote addresses, engaging workshops, and […]