Asset Acceptance Capital Corp.
Financial ServicesMichigan, United States51-200 Employees
Asset Acceptance Capital Corp. operates in the financial services industry as a purchaser and collector of charged-off consumer debt, assisting creditors with liquidating delinquent receivables and helping consumers resolve financial challenges. Founded in 1962, the company serves credit originators such as credit card issuers, consumer finance companies, retailers, and utilities as an efficient option for recovering defaulted debt. It emphasizes a long-term approach to collections, supported by experienced account representatives, strategic office locations, and a proven legal strategy. The company is based in Warren, Michigan, and employs 51-200 people, with 1,400 associates spread across 10 offices in nine states. Recent activity includes corporate transactions involving acquisitions and a 2020 CFPB settlement related to FDCPA and CFPA allegations.