Encore Capital Group, Inc. · San Diego, CA United States ·(NASDAQ (GS): ECPG)
Company Description
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Credit junkies, beware: Encore Capital Group has your number. The firm and its Midland Credit Management subsidiary purchase at a discount charged-off receivables that credit card issuers and other lenders have given up on, then does its best to collect the money via phone, direct mail, third-party collection agencies, and legal action. Utilizing a "friendly, but firm approach" its account managers evaluate customers' ability to pay, then develop tailored payment programs; the company also uses skip-tracers to track down stubborn debtors. Subsidiary Ascension Capital Group provides bankruptcy services to the finance industry. To read the full description, subscribe now.
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Key Encore Capital Group, Inc. Financials
| Company Type | Public - NASDAQ (GS): ECPG Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $255.9 |
| 2008 Employees | 1,100 |
Encore Capital Group, Inc. Executives
17 executives listed for Encore Capital Group, Inc.'s San Diego, CA location.
| Title | Name & Bio | Contact |
| Executive Chairman | George Lund | Network |
| President, CEO, and Director | J. Brandon Black | Network |
| EVP, CFO, Treasurer, and Secretary | Paul Grinberg | Network |
Competition
Competitive Landscape for Encore Capital Group, Inc.
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 Encore Capital Group, Inc. Competitors
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