Asset Acceptance LLC Email Format
Financial ServicesOhio, United States2-10 Employees
Asset Acceptance LLC is a small financial services firm based in Cleveland, Ohio. It operates in the debt purchasing and collection arena, with a history of acquiring debt portfolios, including Atlantic Credit & Finance in 2013. This places the company within the debt-portfolio management segment of the broader financial services industry. In 2020, regulatory activity involved Asset Acceptance LLC and related entities over FDCPA practices, resulting in a settlement announced by the CFPB. The situation underscores compliance considerations associated with debt collection activities in this sector.