Profile picture of CompuCredit

CompuCredit

Atlanta, GA
2 staff members
4 23 Reviews
Company Profile

Suffering from a fiscal near-death experience? Let CompuCredit resuscitate you. Subprime was the strategy for this company, not a category to be avoided. CompuCredit traditionally issued unsecured Visa and MasterCard credit cards to customers with low credit scores and charged them more for the risk; however, the economic downturn compelled the company to close most of its active accounts. Subsidiary Jefferson Capital Systems collects on debt other companies have written off. CompuCredit sold its 300 US microloan retail locations -- which provided payday loans under such banners as First American Cash Advance and First Southern Cash Advance -- to Advance America for more than $46 million in 2011.

Company size

201 to 500 Employees

Type

Company - Public

Revenue

$500 million to $1 billion (USD)

Industry

Lending

Competitors

Unknown

Founded

1996

Staff Members
avatar
CEO
0.0
Worked since Thursday, Nov 14 2024
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