Asset Acceptance Capital Corp. (NASDAQ: AACC) is on The StockGuru Leader Board today. The stock is up as much as 10.29% on Monday.
Volume traded – so far – as this release was issued intraday: 83,704
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About the Company:
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, healthcare providers, retail merchants, telecommunications, and utility providers, as well as resellers and other holders of consumer debt; private brokers; and debt resellers. The company periodically sells receivables from these portfolios to unaffiliated companies. It also finances the sales of consumer product retailers; and licenses a collection software application. The company was founded in 1962 and is headquartered in Warren, Michigan.
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