Credit Corp Group Ltd

CCP: XASX (AUS)
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Credit Corp: Growth Rests on One Large Purchase While Big Peers Pull Ahead

Credit Corp’s annual general meeting trading update showed US debt collections rose 23% excluding currency moves, on only 2% more staff. ANZ collections per staff fell 7%, and the consumer loan book stayed between AUD 509 million and AUD 513 million for three quarters.

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