CompuCredit Holdings Corporation · Atlanta, GA United States ·(NASDAQ (GS): CCRT)
Company Description
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Suffering from a fiscal near-death experience? Let CompuCredit resuscitate you. CompuCredit operates in four segments: credit card receivables, in which it targets customers with low credit scores and charges them more for the risk; retail micro-loans, or payday loans, as they are more commonly known; auto financing, in which it buys and services used car loans; and charged-off credit card receivables, in which subsidiary Jefferson Capital Systems collects on debt other companies have written off. The company's retail operations include more than 500 payday loan stores under names including First American Cash Advance and First Southern Cash Advance. To read the full description, subscribe now.
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Key CompuCredit Holdings Corporation Financials
| Company Type | Public - NASDAQ (GS): CCRT Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $514.8 |
| 2008 Employees | 3,524 |
CompuCredit Holdings Corporation Executives
12 executives listed for CompuCredit Holdings Corporation's Atlanta, GA location.
| Title | Name & Bio | Contact |
| Chairman and CEO | David Hanna | Network |
| Chairman | Nicholas Paumgarten | Network |
| Vice Chairman and COO | Richard Gilbert | Network |
Competition
Competitive Landscape for CompuCredit Holdings Corporation
Demand for credit reporting and for collections services are driven by the volume of financial transactions, and by the health of the economy. The profitability of individual companies depends largely on efficiency of operations. The profitability of collections companies that buy receivables portfolios depends on their ability to assess recovery potential. Large credit reporting companies have significant economies of scale in operations. Small companies can compete successfully in the collections segment, where customer service and personal contact are important. To read the full description, subscribe now.Top CompuCredit Holdings Corporation Competitors
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