NASDAQ, ECPG - Encore Capital Group
We are a systems-driven purchaser and manager of charged-off consumer receivable
portfolios and, through our wholly owned subsidiary Ascension Capital Group,
Inc. (?Ascension?), a provider of bankruptcy services to the finance industry.
We acquire receivable portfolios at deep discounts from their face values using
our proprietary valuation process that is based upon an analysis of the
individual consumer attributes of the underlying accounts. Based upon our
ongoing analysis of these accounts, we employ a dynamic mix of collection
strategies to maximize our return on investment. The receivable portfolios we
purchase consist primarily of unsecured, charged-off domestic consumer credit
card, auto loan deficiency and telecom receivables purchased from national
financial institutions, major retail credit corporations, telecom companies and
resellers of such portfolios. ...
Read SEC Filing on NASDAQ.com »