Ben Navarro

Ben Navarro
Born
Benjamin W. Navarro

1962 or 1963 (age 61–62)
Williamstown, Massachusetts, U.S.
EducationUniversity of Rhode Island (1984)
OccupationBusinessman
Known forFounder and CEO, Sherman Financial Group
SpouseKelly Navarro
Children4, including Emma
FatherFrank Navarro

Benjamin W. Navarro (born 1962 or 1963) is an American businessman, the founder and chief executive officer of Sherman Financial Group, LLC, one of the largest buyers of consumer debt in the United States,[1] and the owner of Credit One Bank, a bank specializing in credit cards for borrowers with low credit scores. He now also has several investments in Charleston real estate and sports. As of July 2024, he has an estimated net worth of US$1.5 billion according to Forbes.[2] His companies have been criticized for aggressive debt collection practices, while he has been credited for helping transform the once small and fragmented business of collecting credit card debt into a multibillion-dollar industry.[3]

  1. ^ Surane, Jennifer (December 5, 2017). "The Strange Case of the Look-Alike Credit Cards". Bloomberg News. Archived from the original on December 9, 2019.
  2. ^ "Ben Navarro". Forbes. Retrieved July 16, 2024.
  3. ^ Shifflett, Shane; Scheck, Justin (April 7, 2021). "Most Big Debt Collectors Backed Off During the Pandemic. One Pressed Ahead". The Wall Street Journal.