Asset Acceptance Capital Corp.

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Description


Asset Acceptance Capital Corp. engages in the purchase and collection of defaulted and charged-off accounts receivable portfolios from consumer credit originators in the United States. The consumer credit originators primarily include credit card issuers, consumer finance companies, and telecommunications and other utility providers, as well as resellers and other holders of consumer debt. The company periodically sells receivables from these portfolios to unaffiliated parties. It also finances the sales of consumer product retailers; and licenses a collection software application. Asset Acceptance Capital Corp. was founded in 1962 and is headquartered in Warren, Michigan.

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