UPDATE 1-CompuCredit posts wider Q2 loss

(Recasts; adds details)

Aug 5 (Reuters) - CompuCredit Corp (CCRT.O) posted a wider second-quarter loss as the marketer of branded credit cards and related financial services was hurt by a 74 percent fall in its total interest income.

The company posted a net loss of $44.9 million, or 96 cents a share, compared with a loss of $11.0 million, or 23 cents a share, a year earlier.

On a managed basis, excluding certain items, the company lost $2.16 a share.

Analysts on average expected the company to report a loss of $1.47 a share, excluding items, according to Reuters Estimates.

Second-quarter net interest income fell to $26.3 million.

Shares of the Atlanta, Georgia-based company closed at $6.89 Tuesday on Nasdaq. (Reporting by Anurag Kotoky in Bangalore; Editing by Pratish Narayanan)