There are quite a few more than 4 PDF buying companies. This can...

There are quite a few more than 4 PDF buying companies. This can be checked by googling th ACDBA members list and looking up the individual websites of the companies mentioned on the list. I think Keith must have meant that there were only two major PDF buying companies now that CLH has reduced its buying considerably. Most of the others on the ACDBA list are likely to be buyers of much smaller and much higher risk portfolios. One I know of - Shield Mercantile is one such company - still appear to be operating. I agree with all other comments by recent posters and place heavy emphasis on the debt refinancing as a key action required by the company to provide organic funding to increase the PDF buying and consequent profit.