Asset Acceptance Capital Corp. · Warren, MI United States (NASDAQ: AACC)
| 28405 Van Dyke Ave. | Phone: 586-939-9600 |
| Warren, MI | Fax: 586-446-7837 |
| 48093 | Toll Free: 800-505-5166 |
| United States | 
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Asset Acceptance Capital Corp. Rankings
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Asset Acceptance Capital (AACC) tries to help creditors accept the things they cannot change and have the courage to pay off the debt they can. The company buys written-off consumer debt (from credit cards, retailers, and utilities) at a deep discount, then attempts to collect on them. About half of the value of its portfolio is made up of general credit card accounts. AACC focuses on debt in the primary, secondary, and tertiary markets, which means other collection agencies have already attempted to collect on them. These portfolios are often the cheapest to acquire but the hardest to collect on. Tertiary accounts (more than a year past due) make up about half of its portfolio.
Asset Acceptance Capital Corp. Reports
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Financials
| Company Type | Public - NASDAQ: AACC Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2010 Employees | 1,258 |
Executives
32 executives listed for Asset Acceptance Capital Corp.'s Warren, MI location.
| Chairman | Nathaniel Bradley | |
|---|---|---|
| President, CEO, and Director | Rion Needs | |
| SVP, CFO, Assistant Secretary, and Treasurer | Reid Simpson |