How Is Credit Corp Placed for a Tighter Credit Cycle (ASX:CCP)?
Highlights Credit Corp enters the new week with another Reserve Bank rate rise reshaping the outlook for consumer credit quality. The debt purchaser and consumer lender posted a record profit, driven by its United States collections business and strong lending growth. Constrained debt ledger supply at home and a new lending venture in the United Kingdom are central to its next phase. Credit Corp Group Limited (ASX:CCP) starts this week with the consumer credit cycle firmly in view after the R...