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Credit Acceptance Value Stock - Dividend - Research Selection

Credit acceptance

ISIN: US2253101016 , WKN: 884343

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Description of the company

Credit Acceptance Corporation provides financing programs, and related products and services to independent and franchised automobile dealers in the United States. The company advances money to dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps various amounts collected from the consumers. It is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company. Credit Acceptance Corporation was founded in 1972 and is headquartered in Southfield, Michigan.

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2025-11-17
Southfield, Michigan, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named a 2025 Top Workplace in Michigan by the Detroit Free Press, ranking #2 among large companies, the same as last year. This marks our 14th consecutive year earning this honor. “We’re incredibly proud of this recognition because it comes directly from our team,” said Wendy Rummler, Chief People Officer at Credit

Credit Acceptance Announces Completion of $500.0 Million Asset-Backed Financing

2025-11-13
Southfield, Michigan, Nov. 13, 2025 (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 transaction, we conveyed loans having a value of approximately $625.2 million to a wholly owned special purpose entity which will transfer the loans to a trust, which will issue three classes of notes: Note Cl

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2025-11-10
In the past week, Credit Acceptance Corporation announced the upcoming retirement of CEO and President Kenneth S. Booth, with Vinayak R. Hegde set to succeed him in both roles this November and Booth remaining as a board member. This leadership transition coincided with third-quarter results reporting US$582.4 million in revenue and US$108.2 million in net income, amid continued challenges in loan origination and performance. We'll examine how this executive succession, especially given...

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2025-11-06
Credit Acceptance’s third quarter results were shaped by a notable decline in revenue and unit originations, driven largely by increased competition and lower advance rates stemming from a 2024 scorecard change. Management highlighted underperforming loan vintages from 2022 to 2024, which weighed on loan performance. CEO Kenneth Booth acknowledged these challenges, stating, “Loan performance declined this quarter with our 2022, 2023 and 2024 vintages underperforming our expectations." Despite th

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CACC Q3 Earnings Beat Estimates on Higher Revenues, Lower Provisions

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Auto financing company Credit Acceptance (NASDAQ:CACC) fell short of the markets revenue expectations in Q3 CY2025, with sales falling 17.9% year on year to $314.1 million. Its non-GAAP profit of $10.28 per share was 8.8% above analysts’ consensus estimates.

Credit Acceptance Corp (CACC) Q3 2025 Earnings Call Highlights: Navigating Challenges with ...

2025-10-31
Despite a competitive market and declining market share, Credit Acceptance Corp (CACC) achieves record-high loan portfolio and expands dealer network.