Corporate Profile for ACC Consumer Finance Corp., dated Jan. 12, 1996.--(BUSINESS WIRE)-- The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. . These include Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine, CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company, Prodigy, Comtex and many others. -0- Published date: Jan. 12, 1996 Company name: ACC Consumer Finance Corp.
Address: 12750 High Bluff Drive
San Diego, Calif. 92130
Telephone No.: 619/793-6300 Chief Executive Officer: Rocco Fabiano, CEO, Chairman Chief Financial Officer: Rellen Stewart, COO, CFO Investor Relations Contact: Gary Burdick, President Business number: 619/793-6300 Trading symbol: AACC Industry: Consumer Finance/Automobile Finance Company description: ACC See adaptive cruise control. Consumer Finance Corp. is currently a privately held corporation Noun 1. privately held corporation - a corporation owned by a few people; shares have no public market close corporation, closed corporation, private corporation . ACC anticipates becoming a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. sometime in the first or second quarter of 1996. ACC's financial partners are Cargill Financial Services Corp. and Strome, Susskind Investment Partners. ACC purchases automobile installment contracts from new and used car dealerships for borrowers with impaired credit Impaired Credit The deterioration of a borrower's credit rating. Notes: Any weakening of a company's finances will cause an impairment of credit. Consequently, it results in a reduction of the credit offered by lenders. profiles. ACC currently employs 145 people with offices in San Diego, Atlanta and Dallas. ACC has marketing representatives in 16 states. During 1996 ACC anticipates opening regional loan-approval centers in St. Louis and Wilmington, Del. During 1996, ACC will add marketing representation in five new states. Loan volume for 1995 approximated $100 million. CONTACT: ACC Consumer Finance Corp. |
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