Consumer finance company providing installment loans and other financial services to individuals primarily in the United States and Mexico.
World Acceptance Corporation operates as a significant player in the small-loan consumer finance sector, catering primarily to individuals who have limited access to traditional sources of credit like banks and credit unions. Established in 1962 and headquartered in Greenville, South Carolina, the company specializes in offering a range of financial products and services. These include short-term small installment loans, larger medium-term installment loans, credit insurance, and various ancillary products designed to meet the diverse financial needs of its customer base.
One of World Acceptance Corporation's distinctive offerings is its provision of automobile club memberships and income tax return preparation services to borrowers. Additionally, the company markets and sells a variety of insurance products such as credit life, credit accident and health, credit property and auto, unemployment, and accidental death and dismemberment insurance. These insurance products are typically sold in conjunction with the loans provided, enhancing the company's revenue streams while offering added financial security to its customers.
Operating through a network of 1,167 branches spread across multiple states including Alabama, Georgia, Texas, and Wisconsin, World Acceptance Corporation strategically positions itself to serve its customer base efficiently. By focusing on underserved markets and providing accessible financial solutions, the company continues to play a vital role in helping individuals manage their financial needs and aspirations. With a commitment to customer service and community engagement, World Acceptance Corporation remains dedicated to expanding its footprint and enhancing its product offerings in the consumer finance industry.