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Corporate Profile
Asset Acceptance is a Warren, Michigan-based company that purchases charged-off consumer debt from credit issuers, and then uses proprietary methods to collect on these receivables.

For more than 45 years, Asset Acceptance has provided credit issuers - including banks, credit cards, retail merchants, utilities and others - an efficient alternative in recovering defaulted debt. The Company provides service through its offices in Arizona, Florida, Illinois, Maryland, Michigan, New Jersey, Ohio, Texas, and Virginia.

Asset Acceptance purchases charged-off consumer debt, and it is committed to recovering the amount owed. Asset will work with individual debtors to develop a repayment plan.
Today's Quote
AACC (common stock)
ExchangeNASDAQ GS (US Dollar)
Price$5.61
Change (%) Stock is Down 0.3 (5.08%)
Volume27,406
Data as of 05/17/12 4:00 p.m. ET
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Recent NewsMore >>
DateTitle 
04/26/12Asset Acceptance Capital Corp. Reports First Quarter 2012 Results
Earnings per fully diluted share increase to $0.18 from $0.04 in the prior year period; record quarterly cash collections WARREN, Mich., Apr 26, 2012 (BUSINESS WIRE) --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, 2012. First Quarter 2012 Financial Highlights Cash collections for the first quarter of 2012 increased 10.8% compared ... 
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04/05/12Asset Acceptance Capital Corp. to Host First Quarter Conference Call April 26
WARREN, Mich.--(BUSINESS WIRE)--Apr. 5, 2012-- Asset Acceptance Capital Corp. (NASDAQ: AACC) announced today that it will release its financial results for the first quarter 2012 on Thursday, April 26, 2012, at 4:00 p.m. Eastern. The Company will host a conference call at 4:30 p.m. Eastern the same day to discuss its results. Participation in the question-and-answer session of the call will be limited to institutional investors and ana... 
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03/05/12Asset Acceptance Capital Corp. Reports Fourth Quarter and Full Year 2011 Results
Earnings per fully diluted share for the fourth quarter and full year 2011 of $0.14 and $0.39, respectively; significant increases from prior year in collections, revenue and net income WARREN, Mich.--(BUSINESS WIRE)--Mar. 5, 2012-- Asset Acceptance Capital Corp. (NASDAQ: AACC), a leading purchaser and collector of charged-off consumer debt, today reported results for the quarter and fiscal year ended December 31, 2011. Fourth ... 
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02/08/12Asset Acceptance Capital Corp. to Host Fourth Quarter and 2011 Year-End Conference Call March 5
WARREN, Mich.--(BUSINESS WIRE)--Feb. 8, 2012-- Asset Acceptance Capital Corp. (NASDAQ: AACC) announced today that it will release its financial results for the fourth quarter and year-end 2011 on Monday, March 5, 2012, at 4:00 p.m. ET. The Company will host a conference call at 4:30 p.m. ET the same day to discuss its results. Participation in the question-and-answer session of the call will be limited to institutional investors and analysts.... 
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