Credit Acceptance Corporation

SOUTHFIELD, Mich., Feb. 2, 2012 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) (referred to as the "Company", "we", "our", or "us") announced consolidated net income of $50.0 million, or $1.91 per diluted share, for the three months ended December 31, 2011 compared to consolidated net income of $47.0 million, or $1.69 per diluted s...

Southfield, Michigan, Nov. 1, 2011 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ: CACC) (referred to as the "Company", "we", "our", or "us") announced consolidated net income of $50.0 million, or $1.91 per diluted share, for the three months ended September 30, 2011 compared to consolidated net income of $42.0 million, or $1.48 per dilu...

Southfield, Michigan, Oct. 6, 2011 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ: CACC) (the "Company", "we", "our", or "us") announced today the completion of a $200.5 million asset-backed non-recourse secured financing (the "Financing"). Pursuant to this transaction, we contributed loans having a net book value of approximately $250.8...

Southfield, Michigan, Aug. 1, 2011 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ: CACC) (referred to as the "Company", "we", "our", or "us") announced consolidated net income of $44.8 million, or $1.72 per diluted share, for the three months ended June 30, 2011 compared to consolidated net income of $49.0 million, or $1.55 per diluted s...

Southfield, Michigan, June 17, 2011 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ: CACC) (referred to as the "Company", "we", "our", or "us") announced today that we have extended the maturity and increased the amount of our revolving secured line of credit facility and extended the date on which our $325.0 million revolving secured war...

SOUTHFIELD, Mich., April 25, 2011 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) (referred to as the "Company", "we", "our", or "us") announced today that we expect to issue a news release with our first quarter 2011 earnings on Monday, May 2, 2011, after the market closes. A webcast is scheduled for Monday, May 2, 2011 at ...

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 issue price of 106.0% of the principal amount of the...

SOUTHFIELD, Mich., Feb. 28, 2011 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) (referred to as the "Company," "we," "our," or "us") announced today that it plans to offer $100 million of its 9.125% first priority senior secured notes due 2017 (the "notes"). The notes will constitute additional securities under an existing indentur...

SOUTHFIELD, Mich., Feb. 2, 2011 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) (referred to as the "Company", "we", "our", or "us") announced consolidated net income of $47.0 million, or $1.69 per diluted share, for the three months ended December 31, 2010 compared to consolidated net income of $40.3 million, or $1.27 per diluted s...

SOUTHFIELD, Mich., Nov. 4, 2010 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) (the "Company") announced today the completion of a $100.5 million asset-backed non-recourse secured financing (the "Financing"). Pursuant to this transaction, the Company contributed loans having a net book value of approximately $126.8 million to a who...