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  September 5, 2001
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Home > Company Index > Financial Services > Consumer Loans > World Acceptance Corporation

World Acceptance Corporation
Nasdaq: WRLD
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 PROFILE
When Junior breaks his leg and you can't bear to part with the velvet Elvis to pay the bill, there's World Acceptance. The consumer finance company offers small, short-term loans and related credit insurance to individuals with limited access to other sources of credit. Borrowers use the loans -- $130 to $3,000 -- to meet temporary or unanticipated cash needs, such as car repairs and medical bills. World Acceptance also sells its borrowers memberships for a third-party automobile club (in Georgia and Tennessee only) and finances electronics and small appliances through a direct-mail catalog (in seven of the 10 states in which it operates). The company has more than 410 offices, primarily in the southern US.

 COMPETITION
Cash America International, Inc. (PWN)
First Union Corporation (FTU)
Household International, Inc. (HI)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2001 Sales (mil.): 120.50
1-Yr. Sales Growth: 14.4%
Employees: 1,438
Revenue per employee: $83,796.94

 KEY PEOPLE
• Charles D. Walters
    CEO
• A. Alexander McLean
    CFO

 CONTACT INFO
108 Frederick St.
Greenville, SC 29607
US
Phone: 864-298-9800
Fax: 864-298-9810

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