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Wright Reports > Company Profile Report > A > AmeriCredit Corp.

AmeriCredit Corp. - Company Profile Snapshot

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Company Profile: AmeriCredit Corp.
Ticker: ACF
Exchanges: NYSE
2008 Sales: 2,543,100,000
Major Industry: Financial
Sub Industry: Personal Loan
Country: UNITED STATES
Employees: 3832

Business Description
AmeriCredit Corp.. The Group's principal activity is to provide automobile finance services. It purchases auto finance contracts from franchises and makes loans to independent automobile dealers in connection with the sale of used and new automobiles. The Group services its automobile lending portfolio at regional centers using automated loan servicing and collection systems. These services include collecting and processing customer payments, responding to customer inquiries, maintaining the security interest in the financed vehicle, monitoring physical damage insurance coverage of the financed vehicle and arranging for the repossession.

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