Creditrust Corporation announced late Tuesday that it was delaying until Monday, February 28, 2000, its results for the fourth quarter and year ended December 31, 1999. Creditrust expects that it will be in a position to announce a potentially favorable material corporate development at that time.
The Company has rescheduled its earnings conference call until 11 a.m. on Monday, February 28, 2000.
Founded in 1991, Creditrust Corporation acquires, manages and collects delinquent consumer receivables utilizing an information-driven strategy. The Company uses proprietary technology to acquire receivables primarily consisting of charged-off Visa(R), MasterCard(R), and private label credit card accounts issued by major banks and merchants. Creditrust was added to the Russell 2000 Index(R) in July of this year.Details