Press Releases

Date Title and Summary Additional Formats
Toggle Summary Credit Acceptance Announces Completion of $450.0 Million Asset-Backed Financing
Southfield, Michigan, May 20, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $450.0 million asset-backed non-recourse secured financing (the “Financing”).  Pursuant to this
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Toggle Summary Credit Acceptance Named to the 2021 Nevada Top Workplaces List
Southfield, Michigan, May 18, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been awarded a 2021 Top Workplaces honor by the Las Vegas Review-Journal and the Las Vegas Business Press .
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Toggle Summary Credit Acceptance Announces First Quarter 2021 Results
Southfield, Michigan, April 29, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolidated net income of $202.1 million, or $11.82 per diluted share, for the three months ended
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Toggle Summary Credit Acceptance Announces Retirement of Brett A. Roberts as CEO and Director; Appointment of Kenneth S. Booth as Successor; and Election of Vinayak R. Hegde to the Board of Directors
Southfield, Michigan, April 29, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced that Brett A. Roberts, the Company’s Chief Executive Officer and President and a member of the Company’s
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Toggle Summary Credit Acceptance Announces Timing of First Quarter 2021 Earnings Release and Webcast
Southfield, Michigan, April 23, 2021 (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 2021 earnings on Thursday, April 29, 2021,
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Toggle Summary Credit Acceptance Named to the 2021 Best Workplaces in Financial Services & Insurance List for the Seventh Year in a Row
Southfield, Michigan, March 29, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has earned an award based on a ranking released by Great Place to Work ® and Fortune .
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Toggle Summary Credit Acceptance Announces Completion of $500.0 Million Asset-Backed Financing
Southfield, Michigan, Feb. 18, 2021 (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 Announces Extension of Revolving Secured Warehouse Facility
Southfield, Michigan, Feb. 03, 2021 (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 $400.0 million revolving secured warehouse facility will cease to
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Toggle Summary Credit Acceptance Named a 2021 Top Workplaces USA Award Winner
Southfield, Michigan, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named a 2021 Top Workplaces USA Award winner. This award celebrates nationally recognized companies that make the
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Toggle Summary Credit Acceptance Announces Fourth Quarter and Full Year 2020 Results
Southfield, Michigan, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolidated net income of $166.3 million, or $9.43 per diluted share, for the three months ended
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