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…
Market Reports /
by Melissa Darmawan -
4 years ago
24 Dec 2020 - The ASX rose at the open on a shortened day of trade to end 0.3% higher. All of the sectors ended higher except for healthcare and utilities. Shares in Credit Corp (A…
Stock Watch /
by Michael Gable -
4 years ago
28 Sep 2020 - Fairmont Equities Managing Director Michael Gable takes a technical look at Sydney Airport Holdings, Centuria Industrial Reit, Arafura Resources and Wesfarmers.
Stock Watch /
by Michael Gable -
4 years ago
07 Sep 2020 - Fairmont Equities managing director Michael Gable takes a technical look at S&P500, Vocus Group (ASX:VOC), Credit Corp Group (ASX:CCP) and Janus Henderson Group Plc (…
Market Reports /
by Kathy Skantzos -
4 years ago
29 Jul 2020 - The Australian share market started to lift steadily after opening in the red at the open on the back of a Wall Street dip amid low consumer confidence in the US, dro…
Market Reports /
by Ortenzia Borre -
4 years ago
28 Jul 2020 - The Australian share market opened higher this morning but is now trading 0.6 per cent up at noon. Wisr (ASX:WRZ) has released it’s fourth-quarter operating revenue, …
Company News /
by Anna Napoli -
4 years ago
13 Jul 2020 - Debt collector Credit Corp expects to report a financial 2020 profit between $75 million to $80 million before the impairment cost on purchased debt ledger assets and…
Market Reports /
by Ortenzia Borre -
4 years ago
30 Apr 2020 - The Australian share market opened higher this morning and is now trading 1.3 per cent higher at noon. Splitit (ASX:SPT) will raise $16 million to strengthen its bala…
Market Reports /
by Ortenzia Borre -
5 years ago
24 Mar 2020 - It's been a relatively positive day of trade for the Australian share market, closing 4.2 per cent up. Santos' (ASX:STO) South African Energy Coal and Aluminium opera…
Market Reports /
by Katrina Bullock -
5 years ago
23 Mar 2020 - An aggressive sell-off on the Australian market this morning forced the market to fresh 8-year lows today as investors feared the impact of extensive business shutdow…
Market Reports /
by Katrina Bullock -
5 years ago
23 Mar 2020 - The Australian market has tumbled 8.2 per cent over the morning as investors come to terms with Prime Minister Scott Morrison’s announcement that from midday today, t…
Market Reports /
by Rachael Jones -
5 years ago
19 Sep 2019 - It has been a positive day of trade for the ASX. After a rise at the open it manage to track sideways to close 0.5% higher. Shares in Speedcast International (ASX:SDA…
Market Reports /
by Rachael Jones -
5 years ago
19 Sep 2019 - The ASX rose at the open and managed to maintain momentum - it's now tracking 0.8% higher at noon. The Australian dollar dipped on the news the jobless rate has incre…
Market Reports /
by Jessica Amir -
5 years ago
13 Sep 2019 - Aussie shares gain 22pts/0.3% on week. Westpac (ASX:WBC) shares hit a new year high yesterday $29.97. Rural Funds Group (ASX:RFF) files legal proceedings against Boni…
Market Reports /
by Jessica Amir -
5 years ago
13 Sep 2019 - Aussie shares rise as expected on ECB rate cut to -0.5% plus introducing €20b p/m of QE. Trump wants full agreement to trade deal. Credit Corp (ASX:CCP) shares trade…
Stock Watch /
by -
5 years ago
03 Sep 2019 - Burman Invest Portfolio Manager Julia Lee talks about the inversion of the yield curve and how to invest in a falling interest rate environment.
Stock Watch /
by -
5 years ago
21 Aug 2019 - Fund Manager, Chris Pedersen looks at risk, negative yields, reporting wrap, Credit Corp Group and Healius.
Market Reports /
by Jessica Amir -
5 years ago
16 Aug 2019 - Aussie shares lose 2.8% this week, on the US yield “2-10 inversion”, despite stronger than expected local and US economic news. Baby Bunting (ASX:BBN) results beat ex…
Market Reports /
by Rachael Jones -
5 years ago
30 Jul 2019 - The ASX opened at a record high despite mixed leads from Wall Street. It is now tracking 0.4% higher at noon.
Shares in Janus Henderson (ASX:JHG) meanwhile have s…
Market Reports /
by Jessica Amir -
5 years ago
29 Jul 2019 - Australian share market starts the trading week with a bang, a new all-time high on earnings season. Bubs Australia (ASX:BUB) shares up 6%, 4Q revenue beat full-year.…
Market Reports /
by Jessica Amir -
5 years ago
29 Jul 2019 - Australian reporting season kicks off, Credit Corp (ASX:CCP) profit up 9%, loan book up 16%, YTD shares up 32%. Rio due later this week. Air New Zealand (ASX:AIZ) pas…
Company News /
by Anna Napoli -
5 years ago
29 Jul 2019 - Credit Corp (ASX:CCP) has announced a 9 per cent increase in net profit after tax (NPAT) to $70.3 million for the 2019 fiscal year when compared to the year earlier p…
Market Reports /
by Jessica Amir -
6 years ago
02 Apr 2019 - Market expects RBA to hold cash rate at 1.5% for 28th time. Housing approvals skyrocket 19%, smashing through expectations it would fall 1%. Credit Corp Group (ASX:CC…
Company News /
by Rachael Jones -
6 years ago
02 Apr 2019 - Credit Corp Group (ASX:CCP) has successfully completed its fully underwritten $125 million institutional placement.
Market Reports /
by Rachael Jones -
6 years ago
29 Jan 2019 - The ASX failed to make major gains throughout the day and closed 0.5% lower or 31 points down to 5874. Telco services were leading the index today. Healthcare was the…