SymbolCACC
NameCREDIT ACCEPTANCE CORP
SectorFINANCE
RegionNorth America
IndustryPersonal Credit Institutions
Address25505 WEST TWELVE MILE ROAD, SOUTHFIELD, MI 48034-8334
Telephone2483532700
Fax
Email
Websitehttps://www.creditacceptance.com
IncorporationUNDEFINED
Incorporated On
Employees
Fiscal Year
Public Since
ExchangesNASDAQ
Auditor
Audit StatusNOT PROVIDED
Reporting Status
CIK0000885550
Description

Credit Acceptance Corp is a consumer finance company that specializes in automobile loans. These loans are offered through a U.S. nationwide network of automobile dealers that benefit from sales of vehicles to consumers who could otherwise not obtain financing. The company also benefits from repeat and referral sales, and from sales to customers responding to advertisements for financing, but qualify for traditional financing. The company derives its revenue from finance charges, premiums earned on the reinsurance of vehicle service contracts, and other fees. Of these, financing charges, including servicing fees, are by far the largest source of revenue.

Additional info from NASDAQ:
Credit Acceptance Corp is a consumer finance company that specializes in automobile loans. These loans are offered through a U.S. nationwide network of automobile dealers that benefit from sales of vehicles to consumers who could otherwise not obtain financing. The company also benefits from repeat and referral sales, and from sales to customers responding to advertisements for financing, but qualify for traditional financing. The company derives its revenue from finance charges, premiums earned on the reinsurance of vehicle service contracts, and other fees. Of these, financing charges, including servicing fees, are by far the largest source of revenue.

2026-09-04 20:01

(99% Neutral) CREDIT ACCEPTANCE CORP (CACC) Announces New Board Appointment

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2026-09-03 21:06

📋 Booth Kenneth (Ex-Director) plans to sell 10K shares of CREDIT ACCEPTANCE CORP (at $615.75 each, total $6.2M) Filed: Sep 03, 2026 | ID: 006723

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2026-09-02 17:33

📋 Booth Kenneth (Ex-Director) plans to sell 2K shares of CREDIT ACCEPTANCE CORP (at $604.00 each, total $1.5M) Filed: Sep 02, 2026 | ID: 006635

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2026-08-25 20:03

(99% Neutral) CREDIT ACCEPTANCE CORP (CACC) Announces Business Combination

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2026-08-21 20:28

📋 Booth Kenneth (Ex-Director) plans to sell 2K shares of CREDIT ACCEPTANCE CORP (at $604.00 each, total $1.5M) Filed: Aug 21, 2026 | ID: 006345

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2026-08-21 16:13

📋 Booth Kenneth (Ex-Director) plans to sell 1K shares of CREDIT ACCEPTANCE CORP (at $589.00 each, total $856K) Filed: Aug 21, 2026 | ID: 006311

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2026-08-20 20:02

Credit Acceptance Announces Completion Of $600.0 Million Asset-Backed Financing

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2026-08-13 13:00

Credit Acceptance Announces New Chief Technology Officer to Advance Digital-First, AI-Enabled Business Evolution

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2026-08-04 20:02

Credit Acceptance Announces Second Quarter 2026 Results

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2026-07-31 17:09

New Form 3 - CREDIT ACCEPTANCE CORP <b>Filed:</b> 2026-07-31 <b>AccNo:</b> 0000885550-26-000177 <b>Size:</b> 3 KB

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