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Encore Capital Group Inc. (NASDAQ:ECPG) Up By 5.24% ($1.78) From $33.850 After BUYINS.NET Report Predicted Strength After Earni

February 24, 2017 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Wednesday, February 22nd 2017 stating that Encore Capital Group Inc. (NASDAQ) was expected to be higher After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?id=524912

  Symbol  Company                          # of Reports         Quarter  Release Time
  ECPG    Encore Capital Group Inc.        February Earnings    Q4       After

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Encore Capital Group Inc. (NASDAQ:ECPG) - Encore Capital Group, Inc., a specialty finance company, together with its subsidiaries, provides debt recovery solutions for consumers and property owners across a range of financial assets worldwide. The company operates in two segments, Portfolio Purchasing and Recovery, and Tax Liens. The Portfolio Purchasing and Recovery segment purchases portfolios of defaulted consumer receivables at deep discounts to face value, as well as manages them by working with individuals as they repay their obligations and works toward financial recovery. This segment is also involved in the debt management of portfolios consisting of higher balance and semi-performing accounts; and the management of non-performing loans. In addition, it provides portfolio management services to banks for non-performing loans; and financial solutions to individuals who have previously defaulted on their obligations. Further, this segment focuses on consumer non-performing loans, including insolvencies and non-bank receivables. The Tax Liens segment engages in the acquisition and servicing of residential and commercial tax liens on real property. This segment works directly with property owners to structure affordable payment plans by paying delinquent property taxes on behalf of the property owners in exchange for payment agreements collateralized by a tax lien on the property. It also purchases tax liens directly from taxing authorities. Encore Capital Group, Inc. was founded in 1998 and is headquartered in San Diego, California..

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