Press Releases

Date Title and Summary Additional Formats
Toggle Summary Credit Acceptance Promotes Jay Martin to Chief Financial Officer
Southfield, Michigan, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the promotion of Jay Martin to Chief Financial Officer, effective January 23, 2024.
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Toggle Summary Credit Acceptance Announces Timing of Fourth Quarter 2023 Earnings Release and Webcast
Southfield, Michigan, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we expect to issue a news release with our fourth quarter 2023 earnings on Wednesday, January 31, 2024,
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Toggle Summary Credit Acceptance Announces Extension of Revolving Secured Warehouse Facility
Southfield, Michigan, Dec. 29, 2023 (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 $300.0 million revolving secured warehouse facility will cease to
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Toggle Summary Credit Acceptance Announces Completion of $294.0 Million Asset-Backed Financing
Southfield, Michigan , Dec. 21, 2023 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $294.0 million asset-backed non-recourse secured financing (the “Financing”).  Pursuant to this
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Toggle Summary Credit Acceptance Announces Closing of $600.0 Million Senior Notes Offering and Completion of Tender Offer for Senior Notes Due 2024
Southfield, Michigan, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the closing of the Company’s previously announced offering of $600.0 million aggregate principal amount of
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Toggle Summary Credit Acceptance Corporation Announces Expiration and Results of Tender Offer For Any and All of Its $400,000,000 Aggregate Principal Amount of 5.125% Senior Notes Due 2024
Southfield, Michigan, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that its previously announced cash tender offer (the “Offer”) for any and all of the $400,000,000 aggregate
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Toggle Summary Credit Acceptance Announces Pricing of $600.0 Million Senior Notes Offering
Southfield, Michigan, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation ( Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that it priced $600.0 million aggregate principal amount of its 9.250% senior notes due 2028 (the “notes”)
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Toggle Summary Credit Acceptance Announces $500.0 Million Senior Notes Offering
Southfield, Michigan, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that it plans to offer $500.0 million aggregate principal amount of senior notes due 2028 (the “notes”).
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Toggle Summary Credit Acceptance Announces Potential Asset-Backed Financing
Southfield, Michigan, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that, subject to market conditions, the Company intends to complete an issuance of approximately
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Toggle Summary Credit Acceptance Corporation Announces Tender Offer For Any and All of Its $400,000,000 Aggregate Principal Amount of 5.125% Senior Notes Due 2024
Southfield, Michigan, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that it has commenced a cash tender offer (the “Offer”) for any and all of the $400,000,000 aggregate
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