Press Releases

Date Title and Summary Additional Formats
Toggle Summary Credit Acceptance Named to the Detroit Free Press 2021 Top Workplaces List
Southfield, Michigan, Nov. 17, 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 Detroit Free Press. We ranked #3 among large companies that made the
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Toggle Summary Credit Acceptance Announces Third Quarter 2021 Results
Southfield, Michigan, Nov. 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 $250.0 million, or $15.79 per diluted share, for the three months ended
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Toggle Summary Credit Acceptance Announces Completion of $250.1 Million Asset-Backed Financing
Southfield, Michigan , Oct. 28, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $250.1 million asset-backed non-recourse secured financing (the “Financing”).  Pursuant to this
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Toggle Summary Credit Acceptance Announces Timing of Third Quarter 2021 Earnings Release and Webcast
Southfield, Michigan, Oct. 25, 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 third quarter 2021 results on Monday, November 1, 2021,
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Toggle Summary Credit Acceptance Announces Extension of Revolving Secured Warehouse Facility
Southfield, Michigan , Oct. 15, 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 $75.0 million revolving secured warehouse facility will cease to
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Toggle Summary Credit Acceptance Announces Increase and Extension of Revolving Secured Line of Credit Facility
Southfield, Michigan, Oct. 06, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we have increased the amount of our revolving secured line of credit facility with a commercial bank
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Toggle Summary Credit Acceptance Named to the 2021 Metropolitan Detroit’s Best and Brightest Companies to Work For®! List and a 2021 Michigan’s Best and Brightest in Wellness® Award Winner
Southfield, Michigan, Sept. 22, 2021 (GLOBE NEWSWIRE) --     Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) is pleased to announce that we have received two more awards. We've been named to the 2021 Metropolitan Detroit’s
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Toggle Summary Credit Acceptance Announces Extension of Revolving Secured Warehouse Facility
Southfield, Michigan, Sept. 02, 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 $200.0 million revolving secured warehouse facility will cease to
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Toggle Summary Credit Acceptance Pleased to Announce Resolution of Litigation With Massachusetts Attorney General
Southfield, Michigan, Sept. 01, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the finalization of a settlement resolving litigation with the Massachusetts Attorney General, the material
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Toggle Summary Credit Acceptance Announces Second Quarter 2021 Results
Southfield, Michigan, July 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 $288.6 million, or $17.18 per diluted share, for the three months ended June 30,
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