New Century purchases primarily in New Jersey, New York and will consider national files as well. We buy all types of paper including credit card, dismissed chapter 13s, loans, judgments, telecom, etc. under the following terms which must be stipulated to in the sale contract:

1. Must be in-statute for each state.
2. Must be NO prior legal activity (we do buy judgment portfolios)
3. Full disclosure of documentation availability (we do purchase paper with limited documents)
4. Bids/purchases agreement based on original charge-off amount
5. ALL cardmember/contractual agreements that were in effect at time of last payment must be provided at the time of the sale
6. Full chain of title must be provided at the time of sale

Go to our upload page to submit your file to New Century for review.

Data requested for prospective purchases: 

Debtor Information

1. Last Name
2. First Name
3. Middle Initial (if applicable)
4. Generation (if applicable)
5. Also/Known/As (if applicable)
6. Social Security Number

Co-applicant Information

1. Co-debtor Last Name
2. Co-debtor First Name
3. Co-debtor Middle Initial (if applicable)
4. Co-debtor Generation (if applicable)
5. Co-debtor Also/Known/As (if applicable)
6. Co-debtor Social Security Information (if applicable)

Debtor Address Information

1. Last known street street address 1
2. Last known street street address 2
3. Last known city
4. Last known street street zip
5. Last known phone

Debtor Employment Information

1. Last known place of employment name
2. Last known place of employment street address (if available)
3. Last known place of employment city (if available)
4. Last known place of employment state (if available)
5. Last known place of employment zip (if available)

Charge Off / Other Information

1. Charge-off balance
2. Charge-off date
3. Last purchase date (if available)
4. Last purchase amount (if available)
5. Last cash advance date (if available)
6. Cash advance amount (if available)
7. Current balance (not including interest or finance charges)
8. Last payment date to original creditor
9. Last payment date to agency (if applicable)
10. Last payment amount to agency (if applicable)
11. Account opened date
12. Original creditor

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Copyright 2003 - 2005 New Century Financial Services, Inc. All rights reserved.