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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
    Sydney NSW 2000
    AUS

    T: +61 286515000

    E: meadie@creditcorp.com.au

    https://www.creditcorp.com.au

  • Sector

    Financial Services

    Stock type

    Cyclical

  • Industry

    Credit Services

    Fiscal Year End

    30 June 2024

    Employees

    2,261

Credit Corp Group Ltd News & Analysis

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