Buy Nonperforming Loan Portfolios Safely & Efficiently

The EverChain Certified Debt Buyer and Agency Network has the largest selection of fresh and warehoused consumer debt portfolios available for sale, anywhere.

Direct Access to Fresh Paper

EverChain helps you mitigate lenders’ fears of non-compliance with regulatory oversight. This means more lenders are willing to sell their otherwise dormant paper.

Easy, Level Playing Field

EverChain’s Certified Debt Buyers and Agencies are considered the best in the nation, and we have the data to prove it. Sellers select debt buyers based on compliance, performance, and price.

Quick & Simple Deal Flow

With Universal Due Diligence, EverChain deals typically take only 11 days from open to close, increasing your efficiency and effectiveness as a debt buyer or agency.

As a successful debt buyer, you need real-time access to the widest selection of nonperforming loans across asset classes and loan types. No matter what your debt purchasing specialty – Credit Cards, Installment Loans, Line of Credit, Payday Loans, Buy Now Pay Later, Lease to Own, Auto Deficiencies, Bankruptcies or Retail – EverChain has the sellers who have the paper you desire. Sounds good, right? See if you qualify to join our Certified Debt Buyer and Agency Network using the button below.

Schedule a Demo

How Buying Consumer Debt Portfolios with EverChain Works

We’ve detailed each step of the debt buying process below. We’ve also put together some pro tips for how debt buyers can be more compliant, marketable, and successful: Helpful Insights For Debt Buyers.

Join the Certified Buyer Network

Access to ready-to-bid consumer debt portfolios starts with becoming a Certified member of the EverChain Buyer and Agency Network. The most rigorous compliance review in the industry ensures you’re only competing for deals with compliant peers. Imagine buying from 25 lenders and only having one audit. Our certification and ongoing oversight process ensure sellers who have and haven’t sold before can do so with confidence and peace of mind. Once you’re certified, you can start to browse listed debt portfolios for sale.

Identify the Right Deal for You

Using advanced filtering tools, you can either search actively listed debt portfolios or set alerts to be notified when the right deal is available. This enables you to quickly and easily identify portfolios that meet your investment criteria and even compare them to other debt portfolios.

Analyze and Strategize

Once you have selected a debt portfolio, you will obtain real-time access to a limited data file, sample loan agreements, payment histories, and a complete seller due diligence survey. In addition, you can quickly and easily review portfolio analysis from major national scoring companies – all via the secure platform.

Submit Your Bid

Submitting your debt portfolio bid has never been more straightforward or more secure. Once you have reviewed the debt portfolio sale packet, you can submit your one-time competitive triple-blind bid. Bidding on the platform with triple-blind bidding means no one can see your bid until the window has closed. Integrity is necessary to protect your investments in underwriting and valuation of consumer debt portfolios.

Close the Sale

Once a final offer has been accepted, you can review and negotiate contract terms and then electronically execute the debt sale agreement. Once the deal is complete, you fund the seller directly (no escrow) and securely download your purchased debt portfolio.

Post-Sale Management

Post-sale management is key to a successful debt portfolio purchase. We became industry leaders by providing best-in-class, technology-based solutions to resolve buy-back requests, consumer complaints, media requests, and chain of title issues. With EverChain’s cloud-based platform, you can seamlessly communicate with debt sellers, allowing you to spend more time collecting and less time chasing down loose ends.

Buying Consumer Debt Portfolios With Confidence

Security, compliance and transparency are central to the EverChain platform.

We are proud to have established the highest standards of ethical, regulatory, and legal compliance guidelines that serve to safeguard your investment, your brand, and your bottom line – while protecting your consumers before, during and after a debt sale.

  • SOC 2 Type II Certified

    EverChain is SOC 2 Type 2 certified by cybersecurity expert Coalfire. Our certification galvanizes our commitment to operating in a secure environment, in accordance with the most stringent industry standards.

  • Data Encryption

    Any data handled by EverChain is encrypted in-transit and at-rest using the latest encryption

  • Data Masking

    Masking Personally Identifiable Information (PII) in consumer data protects them against unintentional disclosure to external and internal users.

  • Data Collection and Data Erasure

    EverChain’s data collection practices are limited to the data necessary to successfully manage a sale. Post‑sale, EverChain only retains non‑personally identifiable data.

  • Data Resilience

    Encrypted backups are created daily allowing EverChain to recover information in the event of an unforeseen loss.

  • Data Classification

    All data collected and stored by EverChain is classified and controlled to ensure that it is not
    improperly disclosed, modified, deleted, or rendered unavailable.

  • Least Privilege Policies

    EverChain adheres to minimum access and clean desk policies to ensure that data is only viewed based on business needs or job responsibilities.