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Credit Corp (ASX:CCP), a debt purchaser and consumer lender, is seen by fund managers as cheap after selling pressure. In July 2026, Seneca questioned why Credit Corp trades on only 7.5 times earnings if Bennelong, which faced redemptions, has finished selling its stake. Pengana also believes Credit Corp offers value at seven times forward earnings, noting management has strategically pivoted toward personal loans, creating a new growth engine. Credit Corp operates in the Financials sector within the Consumer Finance industry, and Thesis Tracker has captured 9 comments from 6 fund managers, including Seneca and Pengana. Established in 1992 and headquartered in Sydney, Credit Corp purchases and collects defaulted consumer debt in Australia, New Zealand and the United States and provides consumer lending through its Wallet Wizard and CarStart brands, using data-driven collection practices and a reputation for responsible engagement with customers in financial hardship, and has expanded its US debt purchasing operations.
Company figures as of 15 Oct 2026. For information only.
Fund managers including Monash Investors, Ausbil Investment Management, Oracle Advisory Group, Tyndall Asset Management, Seneca Financial Solutions and Pengana Capital Group have invested in Credit Corp Group Ltd (ASX:CCP).
Seneca and Pengana highlight a low valuation of around seven times earnings, the potential end of selling pressure from Bennelong and growth from Credit Corp's expansion into personal lending.
The commentary suggests Credit Corp's share price was weighed down by forced selling linked to Bennelong redemptions, and its earnings depend on consumer credit conditions and debt collection performance.
Credit Corp. Group Ltd., established in 1992 and headquartered in Sydney, is a financial services company specializing in debt purchasing and collection. Its operations are organized into three primary segments: Debt Ledger Purchasing (Australia & New Zealand), Debt Ledger Purchasing (United States), and Consumer Lending. The company acquires consumer debts at a discount to their face value to generate returns through structured recovery cycles. Additionally, the firm provides contingent collection services in Australia and New Zealand, alongside a range of financial products tailored for impaired consumers.
General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.
11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.