About Encore Capital Group, Inc. Encore Capital Group, Inc., through its subsidiaries, engages in consumer debt buying and recovery business. The company purchases and manages portfolios of defaulted
consumer receivables, which include consumers' unpaid financial commitments to credit originators, including banks, credit unions, consumer finance companies, commercial retailers, auto finance
companies, and telecommunication companies, as well as receivables subject to bankruptcy proceedings or consumer bankruptcy receivables. It also provides bankruptcy services to the finance industry,
including negotiating bankruptcy plans, monitoring and managing consumer's compliance with bankruptcy plans, and recommending courses of action to clients in case of a deviation from a bankruptcy plan.
The company was founded in 1998 and is headquartered in San Diego, California. Encore Capital Group, Inc.
8875 Aero Drive
San Diego, CA 92123
Success in our business hinges on understanding, measuring, and predicting financially distressed consumer behavior, and we have invested heavily to build one of the industry's strongest analytic platforms focused on this demographic segment. We purchase consumer receivables based on account-level valuation methods, and employ a suite of proprietary statistical models across the full extent of our business. Moreover, we have one of the industry's largest financially distressed consumer databases, comprising approximately 25 million active accounts. Our strong performance derives from our sophisticated and widespread use of analytics, our broad investments in data and behavioral science, the significant cost advantages provided by both our operations in India and our enterprise-wide, account-level cost database, and our demonstrated commitment to conduct business ethically and in ways that support our consumers financial recovery. We enjoy strong relationships with many of the largest credit providers in the United States, and possess one of the industry's best collection staff retention rates.
In addition, we provide bankruptcy support services to some of the largest names in the financial services business through our wholly-owned subsidiary Ascension Capital Group, Inc. ("Ascension"). Leveraging a proprietary software platform dedicated to bankruptcy servicing, Ascension's operational platform integrates lenders, trustees, and consumers across the bankruptcy lifecycle.