Company Profile
Asset Acceptance Capital Corp. is headquartered in Warren, Michigan and is a leading purchaser and collector of charged-off consumer debt with roots in the practice of purchasing delinquent receivables dating back 50 years. Since 1962, Asset Acceptance has provided credit originators such as credit card issuers, consumer finance companies, retail merchants, utilities, and others an effective alternative in recovering defaulted consumer debt.

Our disciplined approach to purchasing debt, leveraging more than 35 years of static pool data and more than 35 million purchased accounts, has produced a long-term track record of increases in cash collection. In addition, our long-term view on collections, backed by experience and well-trained account representatives, strategic office locations around the country, and a proven legal strategy, continues to allow us to differentiate ourselves. As we continue to scale our business for the next phase of growth, we expect to remain at the forefront of the accounts receivable management industry by leveraging our breadth of purchasing and unparalleled collections expertise.
Today's Quote
AACC (common stock)
ExchangeNASDAQ GS (US Dollar)
Price$6.65
Change (%) Stock is Up 0.01 (0.15%)
Volume133,656
Data as of 05/21/13 4:00 p.m. ET
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DateTitle 
05/06/13Asset Acceptance Capital Corp. Announces Record Date and Meeting Date for Special Meeting of Stockholders
WARREN, Mich.--(BUSINESS WIRE)--May. 6, 2013-- Asset Acceptance Capital Corp. (Nasdaq: AACC) (“Asset Acceptance”) announced today that it has established a record date and a meeting date for a special meeting of its stockholders to consider and vote upon, among other things, the proposal to approve the adoption of the Agreement and Plan of Merger, dated as of March 6, 2013, by and among Asset Acceptance, Encore Capital Group, Inc., a Delaware corp... 
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04/29/13Asset Acceptance Capital Corp. Reports First Quarter 2013 Results
WARREN, Mich.--(BUSINESS WIRE)--Apr. 29, 2013-- Asset Acceptance Capital Corp. (NASDAQ: AACC), a leading purchaser and collector of charged-off consumer debt, today reported results for the quarter ended March 31, 2013. First Quarter 2013 Financial Highlights Cash collections for the first quarter of 2013 increased 2.6% compared to the same period of the prior year, to $103.8 million. First quarter revenues were $55.2 milli... 
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04/23/13Asset Acceptance Capital Corp. to Issue First Quarter 2013 Results on April 29
WARREN, Mich.--(BUSINESS WIRE)--Apr. 23, 2013-- Asset Acceptance Capital Corp. (NASDAQ: AACC) announced today that it will issue a press release containing its financial results for the first quarter 2013 on Monday, April 29, 2013, after the market closes. On March 6, 2013, Encore Capital Group announced its acquisition of Asset Acceptance. As a result, Asset Acceptance will not host a conference call to discuss its first quarter 2013 fina... 
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04/11/13Asset Acceptance Capital Corp. Announces Alternative Takeover Proposal Not to Move Forward & Early Termination of the Hart-Scott-Rodino Waiting Period for Acquisition by Encore Capital Group, Inc.
AACC-Encore Merger Expected to Close in the Second Quarter of 2013 WARREN, Mich.--(BUSINESS WIRE)--Apr. 11, 2013-- Asset Acceptance Capital Corp. (Nasdaq: AACC) announced today that the third party (identified as “Company B” in the Registration Statement on Form S-4, file No. 333-187581, filed by Encore Capital Group, Inc., a Delaware corporation, with the Securities and Exchange Commission on March 27, 2013) who had submitted a preliminary written i... 
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