Press Releases

Date Title and Summary Additional Formats
Toggle Summary Credit Acceptance Announces Extension and Increase of Revolving Secured Line of Credit Facility
Southfield, Michigan, June 15, 2012 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ: CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") announced today that we have extended the maturity of our credit facility with a commercial bank syndicate from June 22,
View HTML
Toggle Summary Credit Acceptance Announces Expansion of Stock Repurchase Program
Credit Acceptance Announces Expansion of Stock Repurchase Program Southfield, Michigan – May 20, 2002 - Credit Acceptance Corporation (Nasdaq: CACC) announced today that its Board of Directors has authorized an increase in the Company’s stock repurchase program from the 5,000,000 common shares
View HTML
Toggle Summary Credit Acceptance Announces Execution of Memorandum of Understanding to End Litigation
SOUTHFIELD, Mich., Feb 12, 2007 (PrimeNewswire via COMTEX News Network) -- Credit Acceptance Corporation (Nasdaq:CACC) (the "Company") announced today that it has signed a Memorandum of Understanding to settle a consumer class action lawsuit in the matter entitled Marvin Fielder, et al v.
View HTML
Toggle Summary Credit Acceptance Announces Delay in Third Quarter Earnings Release
SOUTHFIELD, Mich., Oct 30, 2003 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) announced today that its third quarter earnings announcement will occur following the conclusion of a desk review of its periodic reports by the Securities and Exchange Commission.
View HTML
Toggle Summary Credit Acceptance Announces Consummation of $100 Million Senior Secured Notes Offering
SOUTHFIELD, Mich. , March 3, 2011 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) (referred to as the "Company," "we," "our," or "us") announced today that it has consummated the offering of $100 million of its 9.125% first priority senior secured notes due 2017 (the "notes") at an
View HTML
Toggle Summary Credit Acceptance Announces Completion of $75.0 Million Revolving Secured Warehouse Facility
Southfield, Michigan, Aug. 19, 2011 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ: CACC) (referred to as the "Company", "we", "our", or "us") announced today the completion of a $75.0 million revolving secured warehouse facility with an institutional investor.
View HTML
Toggle Summary Credit Acceptance Announces Completion of $75.0 Million Revolving Secured Warehouse Facility
Southfield, Michigan, Sept. 30, 2015 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ: CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") announced today the completion of a $75.0 million revolving secured warehouse facility with an institutional investor.
View HTML
Toggle Summary Credit Acceptance Announces Completion of $600.0 Million Asset-Backed Financing
Southfield, Michigan, Oct. 22, 2020 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $600.0 million asset-backed non-recourse secured financing (the “Financing”).  Pursuant to this
View HTML
Toggle Summary Credit Acceptance Announces Completion of $500.0 Million Asset-Backed Financing
Southfield, Michigan , Feb. 22, 2018 (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
View HTML
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
View HTML