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Business

CompuCredit changes name

By Scott Trubey
Nov 30, 2012

An Atlanta-based company specializing in subprime credit cards and auto loans has changed its name and the ticker symbol for its stock.

CompuCredit Holdings Corp. said in a Securities and Exchange Commission filing on Friday it has changed its name to Atlanticus Holdings Corp., and its stock will begin trading Monday on the NASDAQ exchange under the ticker “ATLC.”

CompuCredit has spent the past few years reconfiguring its business, which took a hit during the recession. In August, the company sold part of its credit card collections business, following the sales in 2011 of certain overseas micro-loan businesses.

In 2008, CompuCredit settled claims with federal regulators over the way it marketed credit cards to consumers with spotty credit histories.

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