Asset Acceptance Capital Corp. (NASDAQ:AACC)
CAPS Rating:
The Company purchases and collects defaulted or charged-off accounts receivable portfolios from consumer credit originators.
The Company purchases and collects defaulted or charged-off accounts receivable portfolios from consumer credit originators.
Recs
I'm betting that my neighbors will be defaulting on loans. This will create increased opportunities and revenues for AACC who collects on debt that others have written off.