Asset Acceptance Capital (AACC) Stock Price, News & Analysis

Company Overview

Asset Acceptance Capital Corp. is engaged in the purchase and collection of defaulted and charged-off accounts receivable portfolios from consumer credit originators. Charged-off receivables are the unpaid obligations of individuals to credit originators, such as credit card issuers, consumer finance companies, healthcare providers, retail merchants, telecommunications and other utility providers. In addition, it finances the sales of consumer product retailers through its Consumer Credit, LLC subsidiary and licenses a collection software application through its Legal Recovery Solutions, LLC (LRS) subsidiary. On July 29, 2010, the Company committed to exit the healthcare accounts receivable purchase and collection activities conducted by Premium Asset Recovery Corporation (PARC). Subsequently, on December 15, its PARC subsidiary was dissolved. In June 2013, Encore Capital Group Inc announced that it has closed its acquisition of Asset Acceptance Capital Corp.

Key Stats

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AACC Stock Analysis - Frequently Asked Questions

What other stocks do shareholders of Asset Acceptance Capital own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Asset Acceptance Capital investors own include Molson Coors Beverage (TAP), InnerScope Hearing Technologies (INND), Glencore (GLEN), CannTrust (CTST) and Aurora Cannabis (ACBFF).

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
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• Sub-Industry: Consumer Finance
• Current Symbol: NASDAQ:AACC
• CIK: 1264707
• Web: www.assetacceptance.com
• Phone: +1-586-9399600
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Profitability

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Debt

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Miscellaneous

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• Optionable: Not Optionable
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