Business and transformation officer joins the Executive Leadership Team to help drive Credit Acceptance's next chapter of growth Business and transformation officer joins the Executive Leadership Team to help drive Credit Acceptance's next chapter of growth
Credit Acceptance settles a multistate investigation with $630M+ in debt relief, a $60M fund, and new consumer and dealer protections.
Settlement resolves longstanding litigation, clarifies regulatory expectations, and does not require material changes to the Company's operations Settlement resolves longstanding litigation, clarifies regulatory expectations, and does not require material changes to the Company's operations
Engineers Gate Manager LP reduced its holdings in Credit Acceptance Corporation (NASDAQ: CACC) by 39.4% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 2,626 shares of the credit services provider's stock after selling 1,710 shares during the quarter. Engineers Gate Manager LP's
Southfield, Michigan, Sept. 15, 2026 (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 $500.0 million revolving secured warehouse facility (the “Facility”) will cease to revolve from September 20, 2027 to September 15, 2028. The interest rate on borrowings under the Facility has been decreased from the Secured Overnight Financing Rate (“SOFR”) plus 185 basis points to SOFR plus 175 basis points.
Investors need to pay close attention to CACC stock based on the movements in the options market lately.
Bank of New York Mellon Corp acquired a new position in shares of Credit Acceptance Corporation (NASDAQ: CACC) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 30,384 shares of the credit services provider's stock, valued at approximately $19,347,000. Bank of New York
Southfield, Michigan, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as 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 transaction, we conveyed loans having a value of approximately $750.2 million to a wholly owned special purpose entity which will transfer the loans to a trust, which will issue three classes of notes:
Bank of America Corp DE raised its stake in shares of Credit Acceptance Corporation (NASDAQ: CACC) by 47.9% during the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,586 shares of the credit services provider's stock after purchasing
Southfield, Michigan, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named one of PEOPLE Magazine's 100 Companies That Care® by Great Place To Work® and PEOPLE magazine for the fifth consecutive year. Credit Acceptance was ranked 11th among the 100 companies that made the list, up 33 spots from last year.