
CreditCorp
A receivables management company that purchases and collects consumer debt including unpaid retail finance and sales finance credit cards and personal loans.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Growth Equity VC | |
Total Funding | 000k |
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Credit Corp Solutions Inc. operates as a professional receivables management company, focusing on purchasing and collecting consumer debt such as unpaid retail finance, sales finance, credit cards, and personal loans. The company serves consumers across the United States, including Spanish-speaking customers, through bilingual operators. Credit Corp Solutions aims to provide sustainable repayment options to improve the financial circumstances of its clients. The business model involves acquiring debt at a discount and then collecting payments from consumers, generating revenue through the difference between the purchase price and the collected amount. The market it operates in includes individuals with outstanding debts and financial institutions looking to offload non-performing loans.
Keywords: receivables management, debt collection, consumer debt, retail finance, sales finance, credit cards, personal loans, bilingual service, sustainable repayment, financial improvement.