Cdm Squared Llc Careers in Austin, TX

CDM Squared, LLC is in the business of acquiring charged off credit card debt at an extreme discount and then collecting those assets by placing the portfolios with extraordinarily qualified third party collection agency. The purchase and collection of charged off debt is not a new industry – nor is it a small one. The industry is comprised of large public and private companies and many smaller companies. Today, and for the next three to five years, there is a vast oversupply of charged off debt available for purchase due to the recession and very high rates of charge offs at the credit card banks. This excess supply allows a tremendous opportunity for a new firm, like CDM Squared, to purchase these assets efficiently and at a steeply discounted price. We are positioned to capitalize on this opportunity through the buying power that is a benefit of our membership in Success Support System. CDM Squared expects to achieve above average collection results by the use of a unique strategy