World Acceptance Expects to Revisit Card Pilot Expansion in One or Two Quarters

World Acceptance Corporation expects to wait at least another quarter, and possibly two, before deciding whether to expand its early-stage credit-card pilot as the pilot portfolio continues to develop.

Management described loan portfolio growth as steady and credit quality as improving, with delinquency rates lower under disciplined underwriting. It acknowledged that gas prices affect customers but said conservative underwriting helped mitigate related risks as credit metrics improved.

The lender offers installment credit to individuals and also handles tax returns, from preparation through filing. Its annual customer count exceeds 1 million, and its branch network spans 16 states.

The company posted $8.755 million in net income for the quarter ended Sept. 30, compared with a $1.663 million loss a year earlier, as covered in its fiscal 2027 second-quarter results.