Our core business specialises in debt purchase and debt collection services. We purchase past-due consumer and small business debts from major banks, finance companies, telecommunication companies and utility providers in Australia, New Zealand and the United States of America.
We are committed to providing sustainable financial solutions delivered responsibly. We work with our customers to agree affordable repayments which improve their credit standing over time while ensuring they can remain active in the community.
At Credit Corp, we set operational standards at levels significantly above minimum legal requirements. We have a strong compliance culture supported by a control framework to ensure that we adhere to the standards we have set for ourselves. We openly engage with consumer stakeholders and regulators for ongoing feedback and assistance. This includes a long-term partnership with Kildonan Uniting Care to promote respectful engagement with consumers and the proactive recognition and management of financial hardship.
Our lending business, responsibly delivers sustainable loans at market-leading fee and interest rates to a consumer segment where choices are limited.
Credit Corp has been listed on the Australian Securities Exchange (ASX code: CCP) since 2000 and is an established and reputable service provider.
01/11/2018 12:24:00
Credit Corp continued its record of consistently strong performance in 2018, posting a 17 per cent increase in net profit for the year, our tenth consecutive year of growth.
Over the last three yea…
Stock Watch /
by Chris Pedersen -
5 months ago
30 Oct 2024 - Fund Manager Chris Pedersen discusses Reece, BlueScope Steel and Credit Corp Group.
Company News /
by Adrian Tan -
5 months ago
29 Oct 2024 - At its AGM today, Credit Corp laid out a recovery-focused strategy after a turbulent year, marked by a 44% drop in net profit after tax to $50.7m and a reduction in s…
Company News /
by Glenn Dyer -
A year ago
18 Oct 2023 - Shares in Credit Corp (ASX:CCP) plunged on Wednesday as the company shocked the market with news of a write-down in the carrying value of its US debt ledger business.
Company News /
by Glenn Dyer -
2 years ago
02 Feb 2023 - While the overall market continued its strong start to 2023, the ongoing challenges were on full display in Wednesday’s updates from The Retail Shop (ASX:TRS), Credit…
Company News /
by Glenn Dyer -
2 years ago
03 Aug 2022 - Credit Corp (ASX:CCP) is maintaining a steady final dividend of 36 cents a share after lifting earnings for the year to June 30 to $96.2 million.
Market Reports /
by Melissa Darmawan -
2 years ago
28 Apr 2022 - Major US benchmarks almost rallied in tandem after a volatile session. Deep dive on why tech shares underperformed. Musk agrees to pay Twitter a US$1b 'breakup' fee. …
Market Reports /
by Lauren Evans -
3 years ago
01 Feb 2022 - The ASX maintained momentum in the afternoon thanks to gains in the utilities and technology sectors. Tuesday's session saw all sectors close in the green except mate…
Market Reports /
by Lauren Evans -
3 years ago
01 Feb 2022 - The Aussie sharemarket has opened higher led by gains in technology shares followed by utilities and consumer discretionary, while materials weigh ahead of the RBA me…
Company News /
by Lauren Evans -
3 years ago
01 Feb 2022 - Credit Corp (ASX:CCP) has upgraded its guidance after a strong first half result, driven by a step up in US purchased debt ledger (PDL) and its acquisition of Radio R…
Stock Watch /
by Michael Gable -
3 years ago
13 Dec 2021 - Fairmont Equities Managing Director Michael Gable takes a technical look at S&P/ASX200, Credit Corp Group (ASX:CCP), Fortescue Metals Group (ASX:FMG) and Australian S…
Stock Watch /
by -
3 years ago
01 Dec 2021 - Fund Manager Chris Pedersen discusses the Omicron variant, inflation, the Chinese property sector, Whispir, Credit Corp Group, Australian Finance Group.
Market Reports /
by Lauren Evans -
3 years ago
30 Nov 2021 - The ASX eased back most of its gains in the afternoon session but managed to remain in positive territory. At the closing bell, the S&P/ASX 200 was 0.2% or 16.2 point…
Market Reports /
by Lauren Evans -
3 years ago
30 Nov 2021: The ASX has rebounded from Monday's sessions, rising firmly at the open. At noon, the S&P/ASX 200 is 1.1% or 79.8 points higher at 7319.6. The SPI futures are pointing…
Market Reports /
by Lauren Evans -
3 years ago
03 Aug 2021 - The Australian share market continued its downward trend. At the closing bell, the ASX was 0.2 per cent or 17 points lower at 7,475.
Market Reports /
by Lauren Evans -
3 years ago
03 Aug 2021 - The Australian share market fell in morning trade. At noon, the ASX is tracking 0.3 per cent or 19.4 points lower at 7472.
Market Reports /
by Katrina Bullock -
4 years ago
05 Mar 2021 - Despite a slight bump at the open, the ASX has trended lower during the first 2 hours of trade and is down 1.3 per cent at noon. The Tech, Health care and Materials s…
Stock Watch /
by Michael Gable -
4 years ago
15 Feb 2021 - Fairmont Equities Managing Director Michael Gable presents a reporting season charting update and analyse CCP, IAG, CPU and SCP.
Market Reports /
by Rachael Jones -
4 years ago
02 Feb 2021 - The lASX closed 1.5% higher today, that’s almost 100 points up to 6,763. Shares in Tabcorp (ASX:TAH) rose today as the company confirmed it has received a number of u…
Company News /
by Rachael Jones -
4 years ago
02 Feb 2021 - The Credit Corp Group (ASX:CCP) reports a 10 per cent increase in net profit after tax (NPAT) to $42.3 million.
Market Reports /
by Melissa Darmawan -
4 years ago
04 Jan 2021 - It has been a positive day of trade for the ASX. After opening lower, the ASX picked up momentum and maintained an upward trend throughout the day. At the closing bel…