Swap-A-Debt Retains Collection Bureau Hudson Valley, Inc.

Published on:
10 September 2008 at 06:00 a.m. ET

Written by: Press Release –

http://www.insidearm.com/news/00025783-swap-a-debt-retains-collection-bureau-hud/

Swap-A-Debt, Inc. (OTC: SWPD) has contracted with a professional third-party debt collection agency, Collection Bureau Hudson Valley, Inc., to collect delinquent accounts. Collection Bureau Hudson Valley, Inc. is SAS 70 certified and nationally licensed premier full service receivables agency with a proven performance record. The company was established in 1974.

Swap-A-Debt is a Peer-to-Peer (P2P) lending community founded early in 2008, with its website scheduled to launch this month. The company’s mission is to create the most efficient non-institutional, Internet-based lending community of individual borrowers and lenders that come together to make personal loans in which both parties benefit. The company’s target market is personal loans ranging from $1,000-$25,000.