MI-based Asset Acceptance Capital, a purchaser and collector of charged-off consumer debt, reported third quarter revenues of $64 million, a 14.3% increase and cash collections of $78.2 million, a 17.0% increase over one-year ago. Net income for the quarter was $13.7 million, compared with net income of $12.8 million for 3Q/04. During the third quarter, Asset Acceptance invested $28.0 million to purchase consumer debt portfolios with a face value of $1.1 billion, representing a blended rate of 2.49% of face value. Quarterly collector productivity on a full-time equivalent basis was $36,454 in the third quarter of 2005, a decline of 9.4 percent from the year-ago period. The Company reported that on a year-on-year basis, the average number of collectors increased 17.2% to 1,067 collectors in the current period. For complete details on AACC’s latest results visit CardData ([www.carddata.com]).