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Home > Company Index > Financial Services > Consumer Loans > AmeriCredit Corp.
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AmeriCredit Corp. |
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NEWS FROM THE WIRES |
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U.S. Options-Americredit vols still up, volume tapers Aug 23 2001 01:23 PM PDT
Americredit sees fiscal Q1 epst $0.86 - $0.88 Aug 07 2001 02:43 PM PDT
> More WIRE STORIES about this company
PROFILE |
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Bad credit is a good risk, according to AmeriCredit. The company makes loans through more than 14,000 franchised and independent car dealers to shoppers buying late-model and new automobiles. (Franchised dealers make up more than 95% of AmeriCredit's loan portfolio.) With almost 200 offices across the US and Canada, AmeriCredit seeks to attract consumers who have credit limitations or past credit trouble. AmeriCredit securitizes most of its loans, retaining the servicing and reinvesting the proceeds in new loans. Through an alliance with J.P. Morgan Chase and Wells Fargo, the company has formed a Web-based auto finance company.
COMPETITION |
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Citigroup Inc. (C)
Credit Acceptance Corporation (CACC)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
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FINANCIAL OVERVIEW |
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Fiscal Year-End: June
2000 Sales (mil.): 509.70
1-Yr. Sales Growth: 51.9%
Employees: 3,048
Revenue per employee: $167,224.41
KEY PEOPLE |
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Michael R. Barrington
CEO
Daniel E. Berce
CFO
CONTACT INFO |
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801 Cherry St., Ste. 3900
Fort Worth, TX 76102
US
Phone: 817-302-7000
Fax: 817-302-7101
Online: Web Site
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