Asset Acceptance Capital Corp. (NASDAQ:AACC)
CAPS Rating:
The Company purchases and collects defaulted or charged-off accounts receivable portfolios from consumer credit originators.
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The Company purchases and collects defaulted or charged-off accounts receivable portfolios from consumer credit originators.
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Considering the fact that every family member, friend, acquaintance ect. I know is in debt I think this company is set up in a "great" growth industry . It also helps that most of the people I know seem to think that saving = throwing money away and charging = great new toy to outdo other friends new toy. Good company but a bad and necessary business.