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Asset Acceptance Capital Corp., a Warren, Mich., buyer of charged-off card receivables, said Tuesday that it will promote Rion Needs, a veteran of American Express Co., to president and chief executive officer.
August 6 -
Encore Capital Group of San Diego, a buyer and manager of charged-off credit card and other consumer receivables, said Monday that it swung to a profit in the second quarter, helped by declining interest expenses.
August 5 -
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