Credit Acceptance Corporation
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Updated: Aug 28, 2026Key Statistics
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Credit Acceptance Corporation engages in the provision of financing programs, and related products and services in the United States. It advances money to automobile dealers in exchange for the right ...
Latest News
3 days ago · zacks.com
What's Next for CACC After Its Multistate Lending Settlement?Credit Acceptance settles a multistate investigation with $630M+ in debt relief, a $60M fund, and new consumer and dealer protections.
5 days ago · globenewswire.com
Credit Acceptance Announces Extension of Revolving Secured Warehouse Facility and Extension of $500.0 Million Asset-Backed FinancingSouthfield, Michigan, Sept. 15, 2026 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we extended the date on which our $500.0 million revolving secured warehouse facility (the “Facility”) will cease to revolve from September 20, 2027 to September 15, 2028. The interest rate on borrowings under the Facility has been decreased from the Secured Overnight Financing Rate (“SOFR”) plus 185 basis points to SOFR plus 175 basis points.
12 days ago · zacks.com
Is the Options Market Predicting a Spike in Credit Acceptance Stock?Investors need to pay close attention to CACC stock based on the movements in the options market lately.
1 month ago · globenewswire.com
Credit Acceptance Announces Completion Of $600.0 Million Asset-Backed FinancingSouthfield, Michigan, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $600.0 million asset-backed non-recourse secured financing (the “Financing”). Pursuant to this transaction, we conveyed loans having a value of approximately $750.2 million to a wholly owned special purpose entity which will transfer the loans to a trust, which will issue three classes of notes:
1 month ago · defenseworld.net
Bank of America Corp DE Boosts Stock Position in Credit Acceptance Corporation $CACCBank of America Corp DE raised its stake in shares of Credit Acceptance Corporation (NASDAQ: CACC) by 47.9% during the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,586 shares of the credit services provider's stock after purchasing
1 month ago · globenewswire.com
Credit Acceptance Named One of PEOPLE Magazine's 100 Companies That Care® for Fifth Consecutive YearSouthfield, Michigan, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named one of PEOPLE Magazine's 100 Companies That Care® by Great Place To Work® and PEOPLE magazine for the fifth consecutive year. Credit Acceptance was ranked 11th among the 100 companies that made the list, up 33 spots from last year.
1 month ago · globenewswire.com
Credit Acceptance Announces New Chief Technology Officer to Advance Digital-First, AI-Enabled Business EvolutionSouthfield, Michigan, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced that Jeetu Mirchandani, a veteran technology and AI executive with more than two decades of leadership experience at Amazon, will join the Company as Chief Technology Officer on August 27, 2026. In this role, he will lead Credit Acceptance's Engineering organization and technology strategy, helping accelerate the Company's digital-first, AI-enabled evolution and deliver simpler, more seamless experiences for customers and dealer partners.
2 months ago · zacks.com
All You Need to Know About Credit Acceptance (CACC) Rating Upgrade to BuyCredit Acceptance (CACC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
2 months ago · zacks.com
CACC Q2 Earnings Beat as Expenses & Provisions Decline, Revenues RiseCredit Acceptance's Q2 earnings rise 20.6% as revenues edge higher and lower provisions and expenses offer support.
2 months ago · marketbeat.com
Credit Acceptance Q2 Earnings Call HighlightsCredit Acceptance NASDAQ: CACC reported higher second-quarter earnings as lower credit-loss provisions and improved yields on newer loans helped offset a modest decline in loan assignment unit volume. Management said monthly volume returned to year-over-year growth in June and continued to rise in July, while the company continued to refine its pricing, dealer engagement and underwriting practices.
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