Pioneer Credit Limited (ASX:PNC) is one of the leading acquirers and managers of impaired credit in Australia and has gained its status by maintaining positive customer engagement, an unblemished compliance record with ASIC and strong relationships with Australia’s largest bank and non-bank lenders. PNC purchases debt from 18 different Australian vendor partners with long-term partnership purchasing arrangements in place with Commonwealth Bank of Australia (ASX:CBA). We note that competitor Cre ....

19 Oct 2023
CCP US writedown is not a signal for PNC

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CCP US writedown is not a signal for PNC
Pioneer Credit Ltd (PNC:ASX) | 0 0 -1.4% | Mkt Cap: 175.0m
- Published:
19 Oct 2023 -
Author:
Finola Burke | Scott Maddock -
Pages:
4 -
Pioneer Credit Limited (ASX:PNC) is one of the leading acquirers and managers of impaired credit in Australia and has gained its status by maintaining positive customer engagement, an unblemished compliance record with ASIC and strong relationships with Australia’s largest bank and non-bank lenders. PNC purchases debt from 18 different Australian vendor partners with long-term partnership purchasing arrangements in place with Commonwealth Bank of Australia (ASX:CBA). We note that competitor Cre ....