| Business Summary | | CompuCredit
Corporation
is
a
credit
card
company
that
uses
analytical
techniques,
including
sophisticated
computer
models,
to
target
a
consumer
credit
market.
Individuals
in
this
market
typically
rely
more
heavily
on
finance
companies
and
retail
store
credit
cards
to
meet
their
credit
needs
and
are
less
likely
to
have
general-purpose
credit
cards.
The
Company
markets
unsecured
general-purpose
credit
cards,
including
its
Aspire
brand
credit
card,
through
direct
mail,
television,
telemarketing
and
the
Internet.
The
Company
also
markets
to
its
cardholders
other
fee-based
products
including
card
registration,
memberships
in
preferred
buying
clubs,
magazines,
travel
services
and
credit
life,
disability
and
unemployment
insurance. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CompuCredit
is
a
credit
card
company
that
uses
analytical
techniques
that
it
has
developed
and
information
from
credit
bureaus
to
identify
customers
who
are
under
served
by
providers
of
consumer
credit.
For
the
six
months
ended
6/30/01,
revenues
fell
12%
to
$107.5
million.
Net
income
fell
57%
to
$21.1
million.
Results
reflect
lower
income
from
retained
interests
in
credit
card
receivables
securitized
and
higher
credit
card
servicing
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| David Hanna, 36 Chairman,
CEO | $51K | Richard House, Jr., 37 Pres,
Director | 242K | Richard Gilbert, 47 Vice
Chairman, COO | 178K | Ashley Johnson, 32 CFO | 142K | Dollar
amounts are as of 31-Dec-2000 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
|
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