Latest Debt Collection News

Camplify Holdings cut its FY26 net loss by 95% and returned to profit in the second half as cost reductions and MyWay Mutual reshaped the business. The turnaround remains incomplete, with negative operating cash flow, a net current liability position and an auditor’s material uncertainty warning.

Credit Clear Limited posted a 28% rise in FY26 revenue to $60 million, boosted by UK acquisitions and organic growth, while defending legal action by the ACCC.

Credit Corp has agreed to acquire HSBC Bank Australia's credit card run-off portfolio for about A$150 million, prompting a 10% uplift in FY27 NPAT guidance.

Credit Clear appoints Joshua Reid as Managing Director and interim CEO of ARMA Group Holdings, signaling a leadership shift aligned with its growth ambitions across Australia and international markets.

Credit Clear Limited has posted a 28% revenue increase to $60 million and a 41% jump in underlying EBITDA to $10.4 million for FY26, beating guidance and driven by organic growth and recent acquisitions in Europe and debt collection.

Pioneer Credit has reported a breakout FY26 with a 248% jump in NPAT to $23.2m and is raising $17m to fuel further Purchased Debt Portfolio investments in FY27.

Credit Clear's subsidiaries ARMA and Force Legal are defending allegations by the ACCC of Australian Consumer Law breaches related to debt collection communications over a three-year period.

Transurban and NSW Government will replace paper toll notices with digital alerts, removing administration fees and streamlining unpaid toll enforcement on Sydney roads from July 2026.

Credit Clear Limited reported an 8% revenue increase and a significantly reduced net loss for the half-year ended December 2025, while completing two acquisitions to accelerate offshore growth and enhance its digital debt collection platform.

Pioneer Credit has reported a robust first half for FY26, more than doubling its net profit and upgrading its full-year earnings guidance to at least $20 million.

Credit Clear Limited has agreed to acquire DTS, a SaaS collections business with a 35-year history, for A$7.75 million, enhancing its digital platform and global footprint. The deal is expected to be earnings accretive and unlock new growth opportunities across multiple international markets.

Credit Corp Group has reaffirmed its FY26 guidance, highlighting robust earnings growth driven by operational improvements across its US debt buying and Australian/New Zealand lending segments.