Credit Corp Group Ltd
CCP: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.$$ | LOCK|p% | LOCK|D?Mp!@J |
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.
