Credit Corp Group Ltd

Company Profile

• Business description

  Credit Corp operates in the distressed consumer debt market. In its core business, it acquires purchased debt ledgers, or PDLs, in Australia and is expanding this business globally by buying PDLs in the United States. These PDLs consist of unsecured debt that are at least six months in arrears and have already been through a collection process. Since 2012, Credit Corp also diversified its business into providing consumer credit to customers who are unable to gain access to credit from primary sources such as banks because of a poor credit history. Its consumer credit business is gaining scale but is also subject to increased regulatory scrutiny.

• Contact

  201 Kent Street
  Level 15
  SydneyNSW2000
  AUS

  T: +61 286515000

  E: [email protected]

  https://www.creditcorp.com.au

• Sector

  Financial Services

  Stock type

  Cyclical

• Industry

  Credit Services

  Fiscal Year End

  Employees

  264