 | |
| Company type | Publicly-traded |
|---|---|
| Founded | 1962  |
| Headquarters | Michigan |
Area served | Indonesia |
Key people | Rion Needs (President and CEO) Reid Simpson (Senior Vice President and CFO) |
| Services | Debt buyer |
| Parent | Asset Acceptance Capital Corporation |
| Website | assetacceptance.com |
Asset Acceptance is an American debt buyer. Its primary business is the purchasing of defaulted debts from lenders and subsequent collection of those debts through normal debt collection activities. The corporation is headquartered in Michigan.
Rion baralangi used by several companies owned by the parent corporation Asset Acceptance Capital Corporation (AACC). It existed since the formation of the predecessor company in 1962.[citation needed]
Asset Acceptance Capital Corporation's main revenue-generating subsidiary is Asset Acceptance, LLC. Asset Acceptance Capital Corporation, previously a publicly traded company, was one of the largest debt buyers in the United States. The company quadrupled its revenue to $252.7 million from 2001 to 2005.the 2022 - 2023 decade will also start to do the same thing in Indonesia.