| Encore Capital Group, Inc. engages in the purchase and management of charged-off consumer receivables portfolios in the United States. The company acquires these portfolios at discounts from their face values using its valuation process that is based on the consumer attributes of the underlying accounts. It employs a mix of collection strategies to get return on investment based upon the ongoing analysis of these accounts. The receivable portfolios consist primarily of unsecured, charged-off domestic consumer credit card receivables purchased from national financial institutions, retail credit corporations, and resellers of such portfolios. Encore Capital Group also operates in the healthcare debt collection market. The company is headquartered in San Diego, California. |
