SOUTHFIELD, Mich., Aug 25, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) announced today the completion of a $100 million asset-backed non-recourse secured financing, its eleventh asset-backed financing. Pursuant to this transaction, the Company contributed dealer-partner
SOUTHFIELD, Mich., Aug 11, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (the "Company")(Nasdaq:CACC) announced today that it has increased the amount of its revolving warehouse facility with Variable Funding Capital Corporation, a multi-seller commercial paper conduit administered by
SOUTHFIELD, Mich., Aug 4, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) Credit Acceptance Corporation (the "Company") announced consolidated net income for the three months ended June 30, 2004 of $12,606,000 or $0.30 per diluted share compared to $1,008,000 or $0.02 per
SOUTHFIELD, Mich., Jun 9, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) Credit Acceptance announced today that it has extended the maturity of its $135 million credit agreement with a group of commercial banks from June 9, 2005 until June 9, 2006.
SOUTHFIELD, Mich., May 19, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) (the "Company") today announced the appointment of Kenneth S. Booth to the newly created position of Chief Accounting Officer. Mr. Booth will report to Brett A.
SOUTHFIELD, Mich., May 14, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) Credit Acceptance Corporation (the "Company") announced consolidated net income for the three months ended March 31, 2004 of $1,530,000 or $0.04 per diluted share compared to $8,593,000 or $0.20 per
SOUTHFIELD, Mich., May 10, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (NASDAQ:CACC) Credit Acceptance Corporation (the "Company") announced today that it is filing a Form 12b-25 with the Securities and Exchange Commission to extend the filing date of its quarterly report on Form 10-Q for
SOUTHFIELD, Mich., Mar 10, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) announced today that its Board of Directors has authorized a 1.0 million share increase in its stock repurchase program. Through March 9, 2004, a total of 8.1 million common shares had been purchased
SOUTHFIELD, Mich., Jan 28, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) Credit Acceptance Corporation (the "Company") announced consolidated net income for the three months ended December 31, 2003 of $9,762,000 or $0.22 per diluted share compared to $5,090,000 or $0.12 per
SOUTHFIELD, Mich., Jan 13, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) today announced the final results of its modified dutch auction tender offer, which expired at 5:00 p.m. Eastern Standard Time, on January 6, 2004. Based on the final count by Computershare Trust Company
