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Encore Capital Group, Inc. (Encore) is engaged in consumer debt buying and recovery. Encore purchases portfolios of defaulted consumer receivables at deep discounts to face value and use a variety of operational channels to maximize its collections from these portfolios. Defaulted receivables are consumers’ unpaid financial commitments to credit originators, including banks, credit unions, consumer finance companies, commercial retailers, auto finance companies, and telecommunication companies, and may also include receivables subject to bankruptcy proceedings, or consumer bankruptcy receivables.
|2021-05-17||Moody's Investors Service revised outlook on Encore Capital to positive and affirmed at "Ba2" (LT- foreign currency) credit rating|
|2020-09-02||Moody's Investors Service assigns "Ba2" (LT- foreign currency credit rating) to Encore Capital; outlook stable|
|2020-09-02||Fitch Ratings assigns "BB+" (LT Int. Scale (foreign curr.) credit rating) to Encore Capital; outlook stable|