Asset Acceptance Capital

  www.assetacceptance.com
  www.assetacceptance.com
Work in HR? Unlock Free Profile

Asset Acceptance Capital Reviews

Updated August 4, 2014
Updated August 4, 2014
37 Reviews
2.7
37 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
Rion B. Needs
23 Ratings

7 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Experience was excellent until company was bought by Encore Capital

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Account Manager  in  Warren, MI
    Former Employee - Account Manager in Warren, MI

    I worked at Asset Acceptance Capital full-time for more than 5 years

    Pros

    Benefits, 401k match, tuition assistance, flexible schedule

    Cons

    Changing policies, pay scale, new management team

    Advice to ManagementAdvice

    Listen to employees

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  2.  

    Wonderful company until Encore took over.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Asset Acceptance Capital

    Pros

    nothing after Encore took over

    Cons

    Health insurance is horrible. Laying people off constantly. Lack of communication.

  3.  

    different kind of strees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Account Representative  in  Warren, MI
    Former Employee - Account Representative in Warren, MI

    I worked at Asset Acceptance Capital full-time for more than a year

    Pros

    bonus good if meet or beat your goal for the month, always hiring, hourly pay good.

    Cons

    goals go up every month plus seasonality so your goal can be higher than your base goal, high turnover rate

    Advice to ManagementAdvice

    communicate and dont hide information to wait til last minute to inform employees

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5. 1 person found this helpful  

    Worst Job Ever

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst  in  Warren, MI
    Former Employee - Analyst in Warren, MI

    I worked at Asset Acceptance Capital full-time for more than a year

    Pros

    The people are great to work with

    Cons

    Everything else. Treated like a disposable resource.

    Advice to ManagementAdvice

    Change the management

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6.  

    They misrepresented themslves as a good company to work for with room for advancement

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Supervisor  in  Warren, MI
    Former Employee - Supervisor in Warren, MI

    I worked at Asset Acceptance Capital

    Pros

    The building was nice
    They had a good on site cafeteria with a nice outdoor patio
    The time off was good

    Cons

    Management was unsupportive
    The communication was worse than any company I've ever worked for
    The atmosphere was very unfriendly
    Employees are not recognized for accomplishments

    Advice to ManagementAdvice

    Make sure that people that are in leadership roles possess the interpersonal skills necessary to effectively lead and earn the respect of associates.

    Doesn't Recommend
    Disapproves of CEO
  7. 1 person found this helpful  

    One of my worst jobs ever

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Asset Acceptance Capital full-time for more than 3 years

    Pros

    If you can put up with the BS you can gain additional skills and possibly get promoted.

    Cons

    IT has high turnover. At least 75% turnover in the last 2 years. A lot of knowledge has left the company. IT management promotes a noisy and hostile atmosphere and has had 95% turnover in the last 2 years. IT management/CEO won't spend the necessary $ to make crucial hardware/software upgrades to improve infrastructure. The head of IT is a "techie" with minimal people skills. The CEO seems to have a hidden agenda. He will appear to be open, upfront and geniune and then pull the rug out from underneath you. The new head of IT's arrival is an excellent example of this. IT pay is much lower than other comparable companies.

    Advice to ManagementAdvice

    To the board, realize there has been tremendous turnover in the different areas of your company. Find out the real reasons why and act on them. Replace the CEO and head of IT.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8. 1 person found this helpful  

    They do not treat veterans well here and newly hired are leaving in strides due to poor management practice

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Asset Acceptance Capital full-time for more than 5 years

    Pros

    There are many people who take their jobs seriously here. They are unsung heroes who have kept the company above the water for years amid incompetent senior management team

    Cons

    Very bad senior management team, especially the guy who runs IT.
    Do not go there unless you have nowhere to go

    Advice to ManagementAdvice

    You need a better IT team to fulfill your vision if there is ever a vision.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

Worked for Asset Acceptance Capital? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.