| Business Summary | | World
Acceptance
Corporation
operates
a
small-loan
consumer
finance
business
in
ten
states.
The
Company
is
engaged
in
the
small-loan
consumer
finance
business,
offering
short-term
small
loans,
medium-term
larger
loans,
related
credit
insurance
and
ancillary
products
and
services
to
individuals.
The
Company
generally
offers
standardized
installment
loans
of
between
$130
to
$3,000
through
423
offices
in
South
Carolina,
Georgia,
Texas,
Oklahoma,
Louisiana,
Tennessee,
Illinois,
Missouri,
New
Mexico,
and
Kentucky
as
of
June
18,
2001.
The
Company
generally
serves
individuals
with
limited
access
to
other
sources
of
consumer
credit
from
banks,
savings
and
loans,
other
consumer
finance
businesses
and
credit
cards. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | World
Acceptance
Corp.
is
engaged
in
the
small-loan
consumer
finance
business,
offering
short-term
loans,
related
credit
insurance
and
ancillary
products
and
services
to
individuals
through
423
offices
in
10
states.
For
the
three
months
ended
6/30/01,
total
revenues
rose
13%
to
$30.4
million.
Net
income
rose
15%
to
$3.7
million.
Results
reflect
increased
interest
and
fee
income
due
to
higher
average
loan
balances,
and
lower
interest
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Charles Walters, 62 Chairman
and CEO | $639K | Douglas Jones, 49 Pres,
COO, Director | 402K | A. Alexander McLean, lll, 50 CFO,
Exec. VP, Director | 385K | Charles Gardner, Jr., 39 Sr.
VP, Western Division | 172K | Mark Roland, 45 Sr.
VP, Eastern Division | 242K | Dollar amounts are as of 31-Mar-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|