Credit Acceptance Corporation Renews $135,000,000 Revolving Credit Agreement For Two Years Southfield, Michigan – June 9, 2003 – Credit Acceptance Corporation (Nasdaq: CACC) Credit Acceptance announced today that it has renewed its $135 million credit agreement with a group of commercial banks.
Credit Acceptance Announces $100 Million Asset-Backed Bond Transaction Southfield, Michigan – June 3, 2003 – Credit Acceptance Corporation (NASDAQ:CACC) Credit Acceptance announced today that it is preparing to engage in a $100 million asset-backed bond transaction in June 2003.
Credit Acceptance Announces Operational Changes Southfield, Michigan June 2, 2003 – Credit Acceptance Corporation (NASDAQ:CACC) Credit Acceptance announced today that effective June 30, 2003 loan originations would cease in Canada and the United Kingdom.
Credit Acceptance Announces 1st Quarter Earnings Credit Acceptance Announces 1st Quarter Earnings Southfield, Michigan – April 24, 2003 – Credit Acceptance Corporation (NASDAQ:CACC) Credit Acceptance Corporation (the “Company”) announced consolidated net income for the three months ended March 31,
Credit Acceptance Corporation Announces: - 4th Quarter Earnings - 2002 Earnings Southfield, Michigan - January 31, 2003 - Credit Acceptance Corporation (NASDAQ:CACC) Credit Acceptance Corporation (the "Company") announced consolidated net income for the three months ended December 31, 2002 of
Credit Acceptance Corporation Announces 3rd Quarter Earnings Southfield, Michigan – October 23, 2002 – Credit Acceptance Corporation (NASDAQ:CACC) Credit Acceptance Corporation (the “Company”) announced consolidated net income for the three months ended September 30, 2002 of $9,431,000 or $0.22 per
Credit Acceptance Corporation Announces Completion of $75 Million Secured Financing Southfield, Michigan – October 3, 2002 – Credit Acceptance Corporation (Nasdaq: CACC) announced today the completion of a $75 million non-recourse secured financing, its eighth asset-backed financing.
Credit Acceptance's Practice Regarding Stock Options In 1999, the Company began granting performance-based stock options to employees. Performance-based options are options that vest solely based on the achievement of performance targets, in the Company's case targets based on either earnings per
Credit Acceptance Announces 2nd Quarter Earnings Southfield, Michigan – July 17, 2002 – Credit Acceptance Corporation (NASDAQ:CACC) Credit Acceptance Corporation (the “Company”) announced consolidated net income for the three months ended June 30, 2002 of $8,550,000 or $0.20 per diluted share
Credit Acceptance Corporation Renews $135,000,000 Revolving Credit Agreement Southfield, Michigan – June 10, 2002 – Credit Acceptance Corporation (Nasdaq: CACC) announced today that it has completed the renewal of its $135 million credit agreement with a group of commercial banks.