<PAGE>
                        Consent of Independent Auditors

We consent to the references to our firm under the captions "Settlement with
Former Officer", "Experts" and "Change in Independent Auditors" and to the use
of our report dated February 2, 2001, in the Registration Statement (Form S-1)
and related Prospectus of Encore Capital Group, Inc. (formerly MCM Capital
Group, Inc.) for the registration of 5,000,000 shares of its common stock dated
August 29, 2003.



                                                           /s/ Ernst & Young LLP

Kansas City, Missouri
August 28, 2003

