Asset Acceptance is one of the leading purchasers of charged-off consumer debt in the United States. The Company purchases defaulted or charged-off accounts receivable portfolios from consumer creditors at a significant discount to the original face value. The Company acquires the rights to the unrecovered balances owed by the individual consumers and utilizes its well-established collection procedures to collect a multiple of its original purchase price for the debt. Asset Acceptance is publicly-traded on the NASDAQ as AACC.

www.assetacceptance.com