Asset Acceptance Invests in the Health of its Associates

Asset Acceptance Capital Corp. (NASDAQ: AACC), a leading purchaser and collector of charged-off consumer debt headquartered in Warren, Michigan, held its 3rd Annual WellFest on Thursday, June 9. This Company-wide event aims to educate associates about the different options of health and wellness available to them for a healthier, well-balanced lifestyle.

“Workplace wellness programs are an investment in our Company’s most important resource, our associates,” said Deanna Hatmaker, Vice President – Human Resources & Corporate Communications. Asset Acceptance’s annual WellFest is our way of partnering with our associates to help them achieve their healthy living goals.  This special day continues to be one of our most popular associate events with high participation, strong support from Company leadership and generous contributions from sponsoring vendors.”

The WellFest, which was hosted in all four call centers, offered free health screenings, educational seminars, Zumba classes and more. As part of the festivities, the Company also hosted a Community Asset Lemonade Stand in support of Alex’s Lemonade Stand Foundation. Low calorie lemonade was available in exchange for donations. This is the second year Asset Acceptance has supported the foundation’s goal of raising money toward fighting childhood cancer through its charitable giving program.

For more than 45 years, Asset Acceptance has provided credit originators, such as credit card issuers, consumer finance companies, retail merchants, utilities and others an efficient alternative in recovering defaulted consumer debt.

Community Asset is Asset Acceptance’s official community outreach program created to help improve the communities where the company lives and works. Asset Acceptance is committed to supporting community-based organizations and programs dedicated to fostering healthier living. In addition, Community Asset is a catalyst for Asset Acceptance associates to become involved and to provide leadership within our communities.

Alex’s Lemonade Stand Foundation shares the vision of founder and creator, Alexandra “Alex” Scott (1996-2004) — a cure for all children with cancer.  Alex was diagnosed with childhood cancer just before her first birthday.  When she was four, she told her parents she wanted to set up a front-yard lemonade stand.  Her plan: to give the money to doctors to help them find a cure.  Alex’s Lemonade Stand Foundation was started by her parents in 2005 to continue the work that Alex began.  Since Alex held that first stand, the Foundation bearing her name has evolved into a national fundraising movement, complete with thousands of volunteers across the country carrying on her legacy of hope.