Credit Corp Group Limited (ASX: CCP) Share Price and News
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Credit Corp Group Limited (CCP) is Australia’s largest debt buyer and collector, providing financial services in the credit-impaired consumer segment. The company operates 2 key divisions: debt buying and lending.
Its core business is debt buying, in which Credit Corp purchases defaulted consumer debts from major banks, finance companies, telcos and utility providers in both the ANZ and US regions. From here, Credit Corp works with these consumers to develop a payment plan. On the lending side, Credit Corp provides consumer loans through brands such as Wallet Wizard and ClearCash.
Founded in 1992, Credit Corp shares have been listed on the ASX since 2000. Over the decades, the Credit Corp share price has been trending upwards, but as a credit company, its shares took a big hit in the wake of the GFC and COVID-19.
Credit Corp Group Limited (ASX: CCP) Latest News
Should you pay down debt or invest during coronavirus?
Tristan Harrison | April 6, 2020 8:10am
The coronavirus is throwing up a lot of problematic financial questions. Should you pay down debt or invest during these times? More »
ASX 200 finishes down 2% on Tuesday
Tristan Harrison | March 31, 2020 5:40pm
The S&P/ASX 200 Index (ASX:XJO) reversed the morning gains to finish down by 2% on Tuesday in a negative start to the week. More »
ASX 200 lunch update: G8, Wesfarmers, & Westpac higher
James Mickleboro | March 31, 2020 12:03pm
Coles Group Ltd (ASX:COL), Wesfarmers Ltd (ASX:WES) and Westpac Banking Corp (ASX:WBC) shares are making waves on the ASX 200 on Tuesday. More »
ASX 200 weekly wrap: bear market rollercoaster continues
Sebastian Bowen | March 30, 2020 8:34am
Here on our ASX 200 Foolish weekly wrap, we look at some of the things that moved the S&P/ASX 200 Index (ASX: XJO) and... More »
Start of a recovery? ASX 200 finishes Tuesday 4.2% higher
Tristan Harrison | March 24, 2020 5:41pm
The S&P/ASX 200 Index (ASX:XJO) finished up 4.2% today, does this mean the share market is about to recover? More »
ASX 200 lunch update: CBA & Northern Star higher, Woolworths lower
James Mickleboro | March 24, 2020 12:00pm
Commonwealth Bank of Australia (ASX:CBA) and Woolworths Group Ltd (ASX:WOW) shares are on the move on the ASX 200 on Tuesday... More »
ASX 200 starts the week with a fall of 5.6%
Tristan Harrison | March 23, 2020 5:27pm
The S&P/ASX 200 Index (ASX:XJO) has fallen another 5.6% at the start of the week due to the ongoing coronavirus outbreak. More »
These ASX shares were last week’s biggest fallers
Kate O'Brien | March 23, 2020 3:02pm
Last week saw extreme volatility take hold of the ASX as the coronavirus pandemic reached new levels in Australia. Here we take a look... More »
ASX 200 plunges 8% on open
Tristan Harrison | March 23, 2020 10:54am
The S&P/ASX 200 Index (ASX:XJO) has plunged 8% at the open because of the coronavirus outbreak volatility. More »
Another horror coronavirus week: ASX 200 drops 13%
Tristan Harrison | March 22, 2020 10:38am
The S&P/ASX 200 Index (ASX:XJO) dropped 13% after another painful week after the coronavirus caused more falls. More »
These were the worst performing ASX 200 shares last week
James Mickleboro | March 21, 2020 10:51am
Afterpay Ltd (ASX:APT) and Flight Centre Travel Group Ltd (ASX:FLT) shares were amongst the worst performers on the ASX 200 index last week... More »
ASX 200 ends Friday 0.7% higher after turbulent week
Tristan Harrison | March 20, 2020 5:46pm
The S&P/ASX 200 Index (ASX:XJO) finished on Friday 0.7% higher, but it was down 13% this week due to coronavirus fears. More »
Credit Corp share price on watch after withdrawing guidance due to COVID-19
James Mickleboro | March 20, 2020 9:07am
The Credit Corp Group Limited (ASX:CCP) share price will be on watch today after it withdrew its guidance but spoke positively about its business... More »
ASX 200 lunch update: ANZ lower, Rio Tinto jumps
James Mickleboro | March 19, 2020 12:03pm
Australia and New Zealand Banking Group (ASX:ANZ) and Rio Tinto Limited (ASX:RIO) shares are making waves on the ASX 200 on Thursday... More »