Credit Corp’ss management have a long history of making good decisions and not over paying for debt purchases. The company is well run.
There are three main ways they allocate their available funds to maximise their profit returns
1) Purchase debt in the USA
2) Purchase debt in Australia
3) loans to people with poor credit history.
They have low levels of debt which is also positive
In Australia and New Zealand the main competitors have also either been purchased or gone out of business.
The long term financial performance has been strong and the current share price is a lot lower than the company value.
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Last
$17.17 |
Change
-0.410(2.33%) |
Mkt cap ! $1.172B | |||
| Open | High | Low | Value | Volume |
| $17.58 | $17.58 | $17.11 | $3.414M | 197.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 267 | $17.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.17 | 430 | 9 |
View Market Depth
| Last trade - 13.26pm 08/08/2025 (20 minute delay) ? |
| CCP (ASX) Chart |