Founded in 1953 as Midland Credit Management (MCM), Encore Capital Group, Inc. has grown into a leading global provider of debt management and recovery solutions. The company's primary business involves purchasing portfolios of defaulted consumer receivables at a discount from major banks, credit unions, and utility providers. Encore then works with individuals to recover these obligations, aiming to help consumers resolve their financial debt. The company operates through various subsidiaries worldwide, including Midland Credit Management and Cabot Credit Management.

Founded in

United States