Press Releases

Date Title and Summary Additional Formats
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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Toggle Summary Credit Acceptance Corporation Announces Tender Offer for Any and All of Its $300,000,000 Aggregate Principal Amount of 6.125% Senior Notes Due 2021
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 has commenced a cash tender offer (the “Offer”) for any and all of the $300,000,000 aggregate
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Toggle Summary Credit Acceptance Announces $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 plans to offer $400 million of senior notes due 2024 (the “notes”).
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Toggle Summary Credit Acceptance Announces Completion of $351.7 Million Asset-Backed Financing
Southfield, Michigan, Nov. 21, 2019 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $351.7 million asset-backed non-recourse secured financing (the “Financing”).  Pursuant to this
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Toggle Summary Credit Acceptance Named to the Detroit Free Press 2019 Top Workplaces List
Southfield, Michigan, Nov. 12, 2019 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been awarded a 2019 Top Workplaces honor by The Detroit Free Press. We ranked #6 out of the 33 large companies that made
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Toggle Summary Credit Acceptance Announces Third Quarter 2019 Earnings
Southfield, Michigan, Nov. 01, 2019 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolidated net income of $165.4 million, or $8.73 per diluted share, for the three months ended
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Toggle Summary Credit Acceptance Announces Timing of Third Quarter 2019 Earnings Release and Webcast
Southfield, Michigan, Oct. 25, 2019 (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 third quarter 2019 earnings on Friday, November 1, 2019,
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