Pioneer Credit (ASX: PNC)

Pioneer Credit Ltd. engages in the provision of financial services specializing in acquiring and servicing unsecured retail debt portfolios. The company is headquartered in Perth, Western Australia. The firm is focused on acquiring and servicing Purchased Debt Portfolios (PDPs). The firm is also focused on providing customer service along with a range of products and solutions to help them achieve their financial goals, including the Company’s application, Pioneer Path and its intuitive customer portal. Pioneer Path is a free personal finance and budget management application showing the user how to spend less, save more and reduce debt. The firm’s subsidiaries include Pioneer Credit Solutions Pty Limited, Sphere Legal Pty Limited, Pioneer Credit (Philippines) Pty Limited, Pioneer Credit Connect Pty Limited, Pioneer Credit Broking Services Pty Limited and Switchmyloan Pty Limited.

Here are the latest articles on Pioneer Credit (ASX: PNC)

Just can’t debt enough: Pioneer acquires debt portfolio from Panthera for $24.1 million

December 8, 2023

When debt goes unpaid for too long, even banks and major financial institutions need to get some help on board. That’s when financial services like Pioneer (ASX: PNC) come to the fore, promising to recover that debt while keeping customers’ financial needs in mind. Australian debt recovery specialist Pioneer has acquired a Debt Portfolio from

The best and worst of times loom for the listed debt collectors

August 19, 2020

With apologies to Charles Dickens, it’s the best of times or the worst of times for the receivables management industry – known in less polite circles as debt collectors. Broadly speaking the sector’s fortunes are inversely correlated to the economy, so swelling unemployment and consumer and business stresses imply rosy fortunes. But too much misery

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