Encore Capital Group

Rank#4855

Market Cap2.12B

CountryUnited States

Summary

Encore Capital Group, Inc., a specialty finance company, provides debt recovery solutions and other related services for consumers across financial assets worldwide. The company purchases portfolios of defaulted consumer receivables at deep discounts to face value, as well as manages them by working with individuals as they repay their obligations and works toward financial recovery. It is also involved in the provision of early stage collection, business process outsourcing, and contingent collection services, as well as debt servicing and other portfolio management services to credit originator for non-performing loans. The company was incorporated in 1999 and is headquartered in San Diego, California.

History

Encore Capital Group was founded in 1998 and is headquartered in San Diego, California. It began as a small debt-buying firm and has grown to become a global leader in consumer debt-buying and recovery services. It has operations in the United States, Europe, and Latin America.

Mission

We help people recover from financial difficulty and turn toward a path of economic empowerment. We believe this can only be achieved through mutual engagement, understanding, collaboration and respect between our company and consumers. We have an unwavering commitment to operate with integrity and treat people fairly as demonstrated through our industry-first Consumer Bill of Rights. We are also dedicated to better understanding financially distressed consumers and developing innovative ways to support their financial recovery, which is the focus of our Consumer Credit Research Institute. Our business success is a direct result of each of our people doing the right thing every day and is predicated on holding ourselves to the highest ethical standards when partnering with our consumers, stakeholders and community.

Vision

Encore Capital Group’s vision is to be the market leader in consumer debt-buying and recovery services by leveraging technology, innovation, and customer-focused collections strategies to help our clients and customers achieve their financial goals.

References

https://en.wikipedia.org/wiki/Encore_Capital_Group

https://in.investing.com/equities/encore-capital-gr

https://finance.yahoo.com/quote/ECPG/profile?p=ECPG

https://www.comparably.com/companies/encore-capital-group/mission

https://www.crunchbase.com/organization/encore-capital-partners

https://sec.report/CIK/0001084961

https://companiesmarketcap.com/

https://www.encorecapital.com

Leadership team

Mr. Ashish Masih (Pres, CEO & Director)

Mr. Jonathan C. Clark (Exec. VP, CFO & Treasurer)