Press Releases

Date Title and Summary Additional Formats
Toggle Summary Credit Acceptance Named One of U.S. News’ Best Companies to Work For, Earning Top Honors in Financial Services and Midwest Region
Southfield, Michigan, June 20, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) was named one of U.S. News’ Best Companies to Work For. In addition, the Company was named one of the Best in Financial
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Toggle Summary Credit Acceptance Announces Extension of Revolving Secured Line of Credit Facility
Southfield, Michigan, June 17, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we have extended the maturity of our revolving secured line of credit facility with a commercial bank
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Toggle Summary Credit Acceptance Announces First Quarter 2024 Results
Southfield, Michigan , April 30, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolidated net income of $64.3 million, or $5.08 per diluted share, for the three months ended March 31,
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Toggle Summary Credit Acceptance Announces Timing of First Quarter 2024 Earnings Release and Webcast
Southfield, Michigan, April 23, 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 first quarter 2024 earnings on Tuesday, April 30, 2024,
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Toggle Summary Credit Acceptance Celebrates 10th Year on Fortune's 100 Best Companies to Work For® List
Southfield, Michigan, April 04, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named one of the 100 Best Companies to Work For ® by Fortune for the tenth time.
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Toggle Summary Credit Acceptance Announces Completion of $500.0 Million Asset-Backed Financing
Southfield, Michigan, March 28, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $500.0 million asset-backed non-recourse secured financing (the “Financing”).  Pursuant to this
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Toggle Summary Credit Acceptance Named 2024 Top Workplaces USA Award Winner
Southfield, Michigan, March 20, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named a Top Workplaces USA Award winner for the fourth consecutive year.
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Toggle Summary Credit Acceptance Announces Completion of $200.0 Million Asset-Backed Financing
Southfield, Michigan, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $200.0 million asset-backed non-recourse secured financing (the “Financing”).  Pursuant to this
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Toggle Summary Credit Acceptance Announces Extension of $100.0 Million Asset-Backed Financing
Southfield, Michigan, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we have extended the $100.0 million asset-backed non-recourse secured financing that we entered into on
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Toggle Summary Credit Acceptance Announces Fourth Quarter and Full Year 2023 Results
Southfield, Michigan, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolidated net income of $93.6 million, or $7.29 per diluted share, for the three months ended
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