Press Releases

Date Title and Summary Additional Formats
Toggle Summary Credit Acceptance Announces Second Quarter 2007 Earnings
SOUTHFIELD, Mich., Aug 2, 2007 (PrimeNewswire via COMTEX News Network) -- Credit Acceptance Corporation (Nasdaq:CACC) (referred to as the "Company", "we", "our", or "us") announced consolidated net income of $12.3 million, or $0.39 per diluted share, for the three months ended June 30, 2007
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Toggle Summary Credit Acceptance Announces Extension and Modifications of Credit Agreement
SOUTHFIELD, Mich., Jun 14, 2007 (PrimeNewswire via COMTEX News Network) -- Credit Acceptance Corporation (Nasdaq:CACC) (the "Company") announced today that it has extended the maturity of its credit facility with a commercial bank syndicate from June 20, 2008 to June 20, 2009.
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Toggle Summary Credit Acceptance Announces First Quarter 2007 Earnings
SOUTHFIELD, Mich., Apr 30, 2007 (PrimeNewswire via COMTEX News Network) -- Credit Acceptance Corporation (Nasdaq:CACC) (referred to as the "Company", "we", "our", or "us") announced consolidated net income of $15.4 million, or $0.49 per diluted share, for the three months ended March 31, 2007
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Toggle Summary Credit Acceptance Announces Completion of $100 Million Asset-Backed Financing
SOUTHFIELD, Mich., Apr 12, 2007 (PrimeNewswire via COMTEX News Network) -- Credit Acceptance Corporation (Nasdaq:CACC) (the "Company") announced today the completion of a $100.0 million asset-backed non-recourse secured financing. Pursuant to this transaction, the Company contributed dealer loans
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Toggle Summary Credit Acceptance Announces Appointment of New Director
SOUTHFIELD, Mich., Mar 21, 2007 (PrimeNewswire via COMTEX News Network) -- Credit Acceptance Corporation (Nasdaq:CACC) (the "Company") announced today that the Board of Directors has nominated and appointed Scott J. Vassalluzzo to fill the Board vacancy created by the March 15, 2007 resignation of
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Toggle Summary Credit Acceptance Announces Renewal of Revolving Warehouse Facility of $325 Million
SOUTHFIELD, Mich., Feb 14, 2007 (PrimeNewswire via COMTEX News Network) -- Credit Acceptance Corporation (Nasdaq:CACC) (the "Company") announced today that it has renewed its $325 million revolving warehouse facility. The maturity date of this facility has been extended to February 13, 2008.
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Toggle Summary Credit Acceptance Announces Execution of Memorandum of Understanding to End Litigation
SOUTHFIELD, Mich., Feb 12, 2007 (PrimeNewswire via COMTEX News Network) -- Credit Acceptance Corporation (Nasdaq:CACC) (the "Company") announced today that it has signed a Memorandum of Understanding to settle a consumer class action lawsuit in the matter entitled Marvin Fielder, et al v.
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Toggle Summary Credit Acceptance Announces Fourth Quarter and 2006 Earnings
SOUTHFIELD, Mich., Feb 12, 2007 (PrimeNewswire via COMTEX News Network) -- Credit Acceptance Corporation (Nasdaq:CACC) (the "Company") announced consolidated net income for the three months ended December 31, 2006 of $8.5 million or $0.27 per diluted share compared to $25.2 million or $0.65 per
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Toggle Summary Credit Acceptance Announces Completion of $100 Million Asset-Backed Financing
SOUTHFIELD, Mich., Nov 21, 2006 (PrimeZone Media Network via COMTEX News Network) -- Credit Acceptance Corporation (Nasdaq:CACC) (the "Company") announced today the completion of a $100.0 million asset-backed non-recourse secured financing, its fourteenth asset-backed financing.
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Toggle Summary Credit Acceptance Announces: Third Quarter 2006 Earnings
SOUTHFIELD, Mich., Oct 30, 2006 (PrimeZone Media Network via COMTEX News Network) -- Credit Acceptance Corporation (Nasdaq:CACC) (the "Company") announced consolidated net income for the three months ended September 30, 2006 of $15.3 million or $0.44 per diluted share compared to $14.6 million or
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