bullish
Pioneer Credit Limited - Debt Driven Recovery
SUMMARY
- Pioneer Credit Limited (ASX:PNC) was founded in 2009 and listed on the ASX in 2014.
- The company has grown to be one of the leading acquirers and managers of impaired credit in Australia by; maintaining strong customer engagement, an unblemished compliance record with ASIC, consistently good Net Promoter Score from customers and strong relationships with Australia’s largest bank and non-bank lenders.
- PNC currently purchases debt from 18 different vendor partners with long-term partnership purchasing arrangements in place with Commonwealth Bank of Australia (ASX:CBA).
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