[abfan1127]

I thought about starting a non-profit which buys old debt, contacts the original borrowers and negotiates payback at the newly purchased rate. Then uses the new payments to buy more old debt.

[readams]

You just invented collections agencies.

[prepend]

I have this in my pile of open source AI use cases. I tried putting together a plan and it’s too labor intensive.

But an AI doing all the sifting and contacting would be economical.