Press Releases

Date Title and Summary Additional Formats
Toggle Summary Credit Acceptance Announces 3rd Quarter Earnings
Credit Acceptance Announces 3rd Quarter Earnings SOUTHFIELD, Mich., Nov. 1, 2004 (PRIMEZONE) -- Credit Acceptance Corporation (NasdaqNM: CACC) (the "Company") announced consolidated net income for the three months ended September 30, 2004 of $12,742,000 or $0.31 per diluted share compared to
View HTML
Toggle Summary Credit Acceptance Corporation Announces Final Results of its Modified Dutch Auction Tender Offer
Credit Acceptance Corporation Announces Final Results of its Modified Dutch Auction Tender Offer SOUTHFIELD, Mich., Sept. 15, 2004 (PRIMEZONE) -- Credit Acceptance Corporation (NasdaqNM: CACC) today announced the final results of its modified dutch auction tender offer, which expired at 5:00 p.m.
View HTML
Toggle Summary Credit Acceptance Corporation Announces Preliminary Results of Its Modified Dutch Auction Tender Offer
SOUTHFIELD, Mich., Sep 10, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) today announced the preliminary results of its modified Dutch auction tender offer, which expired at 5:00 p.m. on September 9, 2004. Credit Acceptance commenced the tender offer on August 11, 2004 to
View HTML
Toggle Summary Credit Acceptance Announces Completion of $100 Million Asset Backed Financing
SOUTHFIELD, Mich., Aug 25, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) announced today the completion of a $100 million asset-backed non-recourse secured financing, its eleventh asset-backed financing. Pursuant to this transaction, the Company contributed dealer-partner
View HTML
Toggle Summary Credit Acceptance Announces: Renewal and Increase of Revolving Warehouse Facility & Modified Dutch Auction Tender Offer
SOUTHFIELD, Mich., Aug 11, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (the "Company")(Nasdaq:CACC) announced today that it has increased the amount of its revolving warehouse facility with Variable Funding Capital Corporation, a multi-seller commercial paper conduit administered by
View HTML
Toggle Summary Credit Acceptance Announces 2nd Quarter Earnings
SOUTHFIELD, Mich., Aug 4, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) Credit Acceptance Corporation (the "Company") announced consolidated net income for the three months ended June 30, 2004 of $12,606,000 or $0.30 per diluted share compared to $1,008,000 or $0.02 per
View HTML
Toggle Summary Credit Acceptance Corporation Extends Maturity of $135,000,000 Revolving Credit Agreement
SOUTHFIELD, Mich., Jun 9, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) Credit Acceptance announced today that it has extended the maturity of its $135 million credit agreement with a group of commercial banks from June 9, 2005 until June 9, 2006.
View HTML
Toggle Summary Credit Acceptance Corporation Announces Appointment of Chief Accounting Officer and Treasurer
SOUTHFIELD, Mich., May 19, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) (the "Company") today announced the appointment of Kenneth S. Booth to the newly created position of Chief Accounting Officer. Mr. Booth will report to Brett A.
View HTML
Toggle Summary Credit Acceptance Announces 1st Quarter Earnings
SOUTHFIELD, Mich., May 14, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) Credit Acceptance Corporation (the "Company") announced consolidated net income for the three months ended March 31, 2004 of $1,530,000 or $0.04 per diluted share compared to $8,593,000 or $0.20 per
View HTML
Toggle Summary Credit Acceptance Postpones Filing of First Quarter Form 10-Q
SOUTHFIELD, Mich., May 10, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (NASDAQ:CACC) Credit Acceptance Corporation (the "Company") announced today that it is filing a Form 12b-25 with the Securities and Exchange Commission to extend the filing date of its quarterly report on Form 10-Q for
View HTML