AmeriCredit
From Wikipedia, the free encyclopedia
| AmeriCredit Corp. | |
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| Type | Public |
| Founded | 1992 |
| Headquarters | Fort Worth, Texas, United States |
| Key people | Clifton Morris, Chairman Daniel Berce, CEO |
| Industry | Automobile financing |
| Revenue | US$1.4 billion |
| Website | www.americredit.com |
AmeriCredit Corp.(NYSE: ACF) is a Fort Worth-based company that provides car loans through automobile dealerships, to medium- and moderate-risk customers in the United States and Canada. Their headquarters is located in Fort Worth, Texas. The company is currently ranked at 916 on the Fortune 1000. AmeriCredit's loan paramaters would originally provide financing (at an interest rate of between 10% and 23% APR) to clients with credit scores around 500 who can prove employment and residency, though they have become increasingly more stringent over the past few years.
