Credit Acceptance Corporation
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Credit Acceptance Corporation engages in the provision of financing programs, and related products and services in the United States. It advances money to automobile dealers in exchange for the right ...
Latest News
9 hours ago · zacks.com
Credit Acceptance Sinks 19.3% Post Q3 Earnings: What's Hurting CACC?CACC's shares plunged 19.3% after Q3 results as soaring credit loss provisions and weaker loan collection forecasts overshadowed earnings and volume growth.
3 days ago · seekingalpha.com
Credit Acceptance Corporation (CACC) Q3 2026 Earnings Call TranscriptCredit Acceptance Corporation (CACC) Q3 2026 Earnings Call Transcript
3 days ago · marketbeat.com
Credit Acceptance Q3 Earnings Call HighlightsCredit Acceptance NASDAQ: CACC reported sharply higher third-quarter loan originations and economic profit as the auto lender expanded its dealer network and increased volume from existing relationships. The company also recorded a significant reduction in forecasted net cash flows from loans originated between 2022 and 2026 after updating its forecasting methodology and identifying weaker performance in lower internal risk-score bands.
4 days ago · globenewswire.com
Credit Acceptance Announces Third Quarter 2026 ResultsSouthfield, Michigan, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced a consolidated net loss of $56.6 million, or $5.43 per diluted share, for the three months ended September 30, 2026, compared to consolidated net income of $108.2 million, or $9.43 per diluted share, for the same period in 2025. Adjusted net income, a non-GAAP financial measure, for the three months ended September 30, 2026 was $135.5 million, or $13.01 per diluted share, compared to $117.9 million, or $10.28 per diluted share, for the same period in 2025.
11 days ago · globenewswire.com
Credit Acceptance Announces Timing of Third Quarter 2026 Earnings Release and WebcastSouthfield, Michigan, Oct. 22, 2026 (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 2026 earnings on Thursday, October 29, 2026, after the market closes. A webcast is scheduled for Thursday, October 29, 2026, at 5:00 p.m.
26 days ago · globenewswire.com
Fortune Media and Great Place To Work® Name Credit Acceptance to 2026 Best Workplaces in Financial Services™ List for the 12th Consecutive YearSouthfield, Michigan, Oct. 07, 2026 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named one of the Best Workplaces in Financial Services & Insurance™ for the 12th consecutive year, reflecting the Company's continued commitment to building a high-performing workplace where team members are empowered to deliver results for dealer partners, customers, and shareholders. Credit Acceptance was ranked 5th among the 50 companies in the large company category, up 5 spots from last year.
1 month ago · globenewswire.com
Credit Acceptance Announces Shannon Wilson as Chief Human Resources OfficerBusiness 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
2 months ago · zacks.com
What's Next for CACC After Its Multistate Lending Settlement?Credit Acceptance settles a multistate investigation with $630M+ in debt relief, a $60M fund, and new consumer and dealer protections.
2 months ago · globenewswire.com
Credit Acceptance Announces Extension of Revolving Secured Warehouse Facility and Extension of $500.0 Million Asset-Backed FinancingSouthfield, 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.
2 months ago · zacks.com
Is the Options Market Predicting a Spike in Credit Acceptance Stock?Investors need to pay close attention to CACC stock based on the movements in the options market lately.
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