Asset Acceptance Capital Corp.

Asset Acceptance Capital Corp.

Asset Acceptance Capital tries to help creditors accept the things they cannot change and to have the courage to pay off the debt they can. Asset Acceptance Capital Corp. buys portfolios of written-off consumer debt (credit cards, consumer loans, utilities) at a deep discount, then attempts to collect on them. About half of the value of its portfolio is made up of Visa, MasterCard, and Discover card receivables. Asset Acceptance Capital focuses on debt in the primary, secondary, and tertiary markets, which means between one and three collection agencies have already had a go at them; these portfolios are often the cheapest to acquire but are the hardest to collect on. Tertiary accounts make up about half of its portfolio.

Contact Details

Office Address

Asset Acceptance Capital Corp.
P.O. Box 2036
Warren, MI, USA 48090-2036
Phone: 800-505-5166
Fax: (586) 446-7837

Executives

Chairman

Nathaniel F. Bradley IV

President, CEO, and Director

Rion B. Needs

Business Reviews for Asset Acceptance Capital Corp.

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