Press Releases

Date Title and Summary Additional Formats
Toggle Summary Credit Acceptance Announces Completion of $500.0 Million Asset-Backed Financing
Southfield, Michigan, Feb. 20, 2020 (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 to the 2020 Fortune 100 Best Companies to Work For® List by Great Place to Work® and Fortune
Southfield, Michigan, Feb. 19, 2020 (GLOBE NEWSWIRE) --   Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named, for the seventh year in a row, as one of the Fortune 100 Best Companies to Work For, according to global
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Toggle Summary Credit Acceptance Announces Redemption of Outstanding 7.375% Senior Notes Due 2023
Southfield, Michigan , Feb. 14, 2020 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation ( Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the redemption of all of the Company’s 7.375% senior notes due 2023 (the “2023 notes”) in accordance with
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Toggle Summary Credit Acceptance Named One of the Best and Brightest Companies to Work For® in the Nation
Southfield, Michigan, Feb. 05, 2020 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named one of the Best and Brightest Companies to Work For ® in the nation.
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Toggle Summary Credit Acceptance Announces Fourth Quarter and Full Year 2019 Earnings
Southfield, Michigan, Jan. 30, 2020 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolidated net income of $161.9 million, or $8.60 per diluted share, for the three months ended
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Toggle Summary Credit Acceptance Announces Timing of Fourth Quarter and Full Year 2019 Earnings Release and Webcast
Southfield, Michigan, Jan. 23, 2020 (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 and full year 2019 earnings on Thursday,
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Toggle Summary Credit Acceptance Announces Extension of Revolving Secured Warehouse Facility
Southfield, Michigan, Dec. 19, 2019 (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 $150.0 million revolving secured warehouse facility will cease to
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Toggle Summary Credit Acceptance Announces Closing of $400 Million Senior Notes Offering and Completion of Tender Offer for Senior Notes Due 2021
Southfield, Michigan, Dec. 18, 2019 (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 $400 million of its 5.125% senior notes due
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Toggle Summary Credit Acceptance Corporation Announces Expiration and Results of Tender Offer for Any and All of Its $300,000,000 Aggregate Principal Amount of 6.125% Senior Notes Due 2021
Southfield, Michigan , Dec. 16, 2019 (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 $300,000,000
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Toggle Summary Credit Acceptance Announces Pricing of $400 Million Senior Notes Offering
Southfield, Michigan, Dec. 09, 2019 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation ( Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that it priced $400 million of its 5.125% senior notes due 2024 (the “notes”) in its previously announced
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