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Australia
1988 (38 Years)
Last online: No recent activity
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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
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This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
Get to know Pioneer Credit Limited
Company Information
Get to know Pioneer Credit Limited
Founded in 2009 and listed on the Australian Securities Exchange (ASX: PNC) in 2014, Pioneer Credit is a specialist in acquiring and managing consumer debt. The company purchases portfolios of accounts, primarily from major banks and other credit providers, at a discount to their face value. Pioneer's core business involves working collaboratively and respectfully with its customers to help them manage their outstanding debts and create sustainable, long-term repayment solutions. After facing financial difficulties, the company entered voluntary administration in March 2020 but was successfully recapitalized and its shares were reinstated for trading on the ASX in March 2021.
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