Demand Fundamentals
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Demand Technicals
Company Profile
World Acceptance Corporation engages in small-loan consumer finance business. It offers short-term small loans, medium-term larger loans, related credit insurance, and ancillary products and services, as well as loans standardized by amount and maturity. The company also provides income tax return preparation services and access to refund anticipation loans. In addition, it markets and sells credit life, credit accident and health, credit property, and unemployment insurance products- markets automobile club memberships to its borrowers- and reinsures credit insurance. Further, the company, through its subsidiary, ParaData Financial Systems, offers data processing systems- and markets computer software and related services to financial services companies. It serves individuals with limited access to consumer credit from banks, savings and loans, other consumer finance businesses, and credit card lenders. As of March 31, 2011, the company had 1,067 offices in South Carolina, Georgia, Texas, Oklahoma, Louisiana, Tennessee, Illinois, Missouri, New Mexico, Kentucky, Alabama, Wisconsin, and Mexico. World Acceptance Corporation was founded in 1962 and is headquartered in Greenville, South Carolina.
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