AmeriCredit Corp. engages in purchasing and servicing of automobile sales finance contracts in the United States and Canada. It purchases retail automobile installment sales contracts originated by franchised and select independent dealers in connection with the sale of used and new automobiles. The company offers financing to customers who have limited access to automobile financing through banks, credit unions, and the manufacturer captives. In addition, it sells the repossessed automobiles at wholesale auction markets. AmeriCredit Corp. was founded in 1986 and is based in Fort Worth, Texas.