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Compucredit Hldgs Corp

 
Hoover's Profile: CompuCredit Holdings Corporation
(NASDAQ (GS):CCRT)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
CompuCredit Holdings Corporation
5 Concourse Pkwy., Ste. 400
Atlanta, GA 30328
GA Tel. 770-828-2000
Fax 770-870-5183

Type: Public
On the web: http://www.compucredit.com
Employees: 3,524
Employee growth: (10.2%)

Suffering from a fiscal near-death experience? Let CompuCredit resuscitate you. CompuCredit operates in four segments: credit card receivables, in which it targets customers with low credit scores and charges them more for the risk; retail micro-loans, or payday loans, as they are more commonly known; auto financing; and charged-off credit card receivables, in which subsidiary Jefferson Capital Systems collects on debt other companies have written off. The company's retail operations include more than 500 payday loan stores under names including First American Cash Advance and First Southern Cash Advance. CompuCredit is considering a spin-off of its US and UK microloan business.

Key numbers for fiscal year ending December, 2008:
Sales: $514.8M
One year growth: (41.6%)
Net income: ($101.6)M

Officers:
Chairman: Nicholas B. Paumgarten
Chairman and CEO: David G. Hanna
President and Director: Richard R. House Jr.

Competitors:
Bank of America
Capital One
Citigroup

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