The amount humans can achieve is directly proportional to the number of things we don't have to understand.William McKnight, 3M
Cambrian House began as a crowdsourcing community using a wisdom of crowds based approach to discover new business and technology ideas. These pages are being kept online as a technology demo to showcase Chaordix™.
Looking to harness the power of your crowd? Find out about Chaordix™ - technology that enables enterprises to get the most out of crowdsourcing.
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Crowdsourced Debt Collection
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The Idea
Today you can buy credit card debt for very cheap ... imagine a site where u could work together to make collections on bad debt ... the more you collect, the more you get paid
I thought of this idea when I was...
watching TV show about US credit card debt
Comments Posted
Would you have to go about chasing people who default on payments?
Is this like Dog Chapman, except your hunting down debt instead of people on bail?
How do you plan on people collecting? They have no authority to collect and if some stranger came by saying I owed money I'm pretty sure I wouldn't pay them.
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