Credit to Credit Corp

Wilson Asset Management

Wilson Asset Management

Credit to Credit Corp. Debt collection business, Credit Corp Group Limited (ASX: CCP), held its AGM in Sydney on Thursday. The company upgraded its purchase guidance for debt ledgers and reaffirmed profit guidance for the financial year. The business has been a large beneficiary of consumers deleveraging over the past five years and shows promising growth prospects with its new lending business. CCP has been a stellar performer under the new management team who helped pick up the business after the GFC where the shares hit a low of 39c. The shares closed the week at $10.11. We own CCP in the investment portfolio. Read our full weekly investor update here: (VIEW LINK)

Wilson Asset Management

Wilson Asset Management has a track record of making a difference for shareholders and the community for more than 20 years. As the investment manager for eight leading LICs – WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Global (ASX: WGB),...

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