Comment by invalidOrTaken

5 years ago

1. Buy cheap debt.

2. Call debtors and offer to teach them to code.

3. Walk them through interviews, etc.

4. Collect!

I don't know if that particular path is viable, but I am somewhat taken by the idea of making money by/while helping people out.

2 comments

invalidOrTaken

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kart23  5 years ago

I like the concept.

Honestly I think the toughest part is buying the debt. I tried to do some research, but I'm even more confused how people do it. Do they just call up a bank and ask for some debt? Is there some online exchange for debt? California doesn't require a license or anything to buy debt, so in theory I should be able to, but I'm not sure exactly how to.