9718 S LAKEWOOD PL TULSA, OK 74137 Get Directions
9718 S LAKEWOOD PL TULSA, OK 74137 Get Directions
Kerschen Loan Exchange is in the business of acquiring charged off credit card debt at an extreme discount and then collecting those assets by placing the portfolios with extraordinarily qualified third party collection agencies.
The purchase and collection of charged off debt is not a new industry nor is it a small one. The industry is comprised of large public and private companies and many smaller companies. Today, and for the next three to five years, there is a vast oversupply of charged off debt available for purchase due to the recession and very high rates of charge offs at the credit card banks. This excess supply allows a tremendous opportunity for Kerschen Loan Exchange, to purchase these assets efficiently and at a steeply discounted price.
Kerschen Loan Exchange is positioned to capitalize on this opportunity through the buying power that is a benefit of its membership affiliations.
Kerschen Loan Exchange expects to achieve above average collection results by the selection of collection agencies who utilize a unique strategy for working with consumers. The Applied Psychology strategy is unlike the typical confrontation strategy used by most collection agencies. Kerschen Loan Exchange has learned the strategy under the guidance of William R. Bartmann, the person who developed it and, at the same time, built the largest and most successful collection agency in the nation.
The principals of Kerschen Loan Exchange are Terri and Joseph Kerschen. Both are well known in the community and will be hands-on in the business.
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