The major benefits to you in selling your charge-offs are:

• Selling converts uncollectable charge-offs into immediate cash.
  
  
• It’s found money
  
  
• For accounting purposes, the purchase price is a “recovery” and
  goes directly to the seller’s bottom line as profits. For example, if a
  pool of charge-offs is sold for $500,000, the seller’s profits are
  immediately increased by $500,000.

There are other benefits to selling charge-offs to TBF Financial. First, we do not resell the accounts or any information about the obligors. Our sellers know that they can trust us and they do not have to worry about anyone else abusing the accounts and misusing the account information. Second, we will buy accounts that were charged-off up to three years before the date of purchase. So, those accounts that are fairly old and have been ignored for years still have value to us and you. Third, we are good and honest businesspeople who think long-term and look for continuing relationships. We understand your business and your needs, and we work cooperatively with you to effectuate these transactions while protecting your business interests.