Executive Change: Asset Acceptance Names Steve Yanover Branch Manager in San Antonio

San Antonio, Texas — Asset Acceptance Capital Corp. (NASDAQ: AACC), a national purchaser and collector of charged-off consumer debt based in Warren, Mich., has named Steve Yanover, branch manager of their San Antonio, Texas location.

“I am excited about the opportunities that lie ahead for the San Antonio office,” said Steve Yanover.  “We have a dedicated staff that takes great pride in their work and I look forward to our future success.”

Steve brings with him 12 years of management experience in the finance industry, with a strong operational background in credit and collections.  Prior to joining Asset Acceptance, Steve served as director of collections at CashNetUSA in Chicago, Ill. Prior to joining CashNetUSA, Steve served as collections manager of Arrow Financial Services, LLC. in Niles, Ill.

“We are excited about the leadership and intellectual capital that Steve brings to the organization,” said Mark Cavin, Vice President—Collections at Asset Acceptance. “His experience will complement and support our associates, allowing for further development of our San Antonio location.”

About Asset Acceptance Capital Corp.
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.  For more information, visit www.AssetAcceptance.com.