bullish
Pioneer Credit Limited: Refinancing Completed
SUMMARY
- Pioneer Credit Limited (ASX:PNC) is one of the leading acquirers and managers of impaired credit in Australia.
- It 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 numerous Australian vendor partners (18 different vendors in the past 12 months) with long-term partnership purchasing arrangements in place with Commonwealth Bank of Australia (ASX:CBA).
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