World Acceptance Corporation

#6349

Rank

$808.37M

Marketcap

United States

Country

Leadership team

Mr. Ravin Chad Prashad (Pres, CEO & Director)

Mr. John L. Calmes Jr. (Exec. VP, Chief Financial & Strategy Officer and Treasurer)

Mr. Scott McIntyre (Sr. VP of Accounting)

Products/ Services

Banking, Financial Services, Venture Capital

Number of Employees

1,000 - 20,000

Headquarters

Garza García, Nuevo Leon, Mexico

Established

1971

Company Registration

SEC CIK number: 0000108385

Net Income

5M - 20M

Revenue

500M - 1B

Traded as

WRLD

URL

https://www.loansbyworld.com

Overview

Location

Recognition and Award

References

Summary

World Acceptance Corporation, together with its subsidiaries, engages in small-loan consumer finance business. The company offers short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It also provides automobile club memberships to its borrowers; and income tax return preparation and electronic filing services. In addition, the company markets and sells credit life, credit accident and health, credit property and auto, unemployment, and accidental death and dismemberment insurance in connection with its loans. It serves individuals with limited access to other sources of consumer credit, such as banks, credit unions, other consumer finance businesses, and credit card lenders. As of March 31, 2022, it operated 1,167 branches in Alabama, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Tennessee, Texas, Utah, and Wisconsin. World Acceptance Corporation was founded in 1962 and is headquartered in Greenville, South Carolina.

History

World Acceptance Corporation was founded in 1962 as a small consumer finance company in Columbia, South Carolina. The company has since grown and now operates over 1,200 offices in 13 states across the U.S. World Acceptance Corporation is traded on the NASDAQ Global Select Market under the ticker symbol WRLD.

Mission

To be of service to our customers. To provide our employees a good work place with fair compensations, good benefits and advancement opportunities. To be sound. To be profitable. To be large.

Vision

At World Acceptance Corporation, our vision is to be the premier consumer loan and insurance provider by meeting both our customers' needs and our shareholders' expectations.

Key Team

Mr. Luke J. Umstetter (Sr. VP, Gen. Counsel, Chief Compliance Officer & Sec.)

Mr. Jeff L. Tinney (Sr. VP of Operations)

Ms. Alice Lindsay Caulder (Sr. VP of HR)

Mr. Ricardo Cavazos Saldana (Sr. VP of Mexico Operations)

Mr. Daniel Clinton Dyer (Exec. VP & Chief Branch Operations Officer)

Mr. Jason E. Childers (Sr. VP of Information Technology)

Victoria G. Hammond (Sr. VP of Marketing)

Recognition and Awards

World Acceptance Corporation has won numerous awards throughout its history, including the American Financial Services Association's “Responsible Finance Company of the Year Award” in 2009 and the “Customer Service Excellence Award” from the Retail Finance Scouts in 2013.