NEWS
Notable Two Hundred Day Moving Average Cross - CACC
2023-09-22
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Credit Acceptance Announces Extension of Revolving Secured Warehouse Facility
2023-09-21
Southfield, Michigan, Sept. 21, 2023 (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 $200.0 million revolving secured warehouse facility will cease to revolve from September 1, 2024 to September 21, 2026. The interest rate on borrowings under the facility has increased from Secured Overnight Financing Rate (“SOFR”) plus 201.4 basis points to SOFR plus
Tracking Ruane, Cunniff & Goldfarb's Portfolio - Q2 2023 Update
2023-09-20
Ruane, Cunniff & Goldfarb's 13F portfolio value increased by 4% to $6.34B in Q2 2023. Read more to see the portfolio's full Q2 2023 update.
Credit Acceptance Named One of the Fortune 2023 Best Workplaces in Financial Services & Insurance™
2023-09-12
Southfield, Michigan, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named one of the 2023 Best Workplaces in Financial Services & Insurance™ by Great Place to Work® and Fortune for the ninth year in a row. Credit Acceptance was ranked #9 among the 50 companies in the large company category, up 3 spots from a year ago. The Best Workplaces in Financial Services & Insurance™ list is
Credit Acceptance Corporation (NASDAQ:CACC) is favoured by institutional owners who hold 48% of the company
2023-09-11
Key Insights Given the large stake in the stock by institutions, Credit Acceptance's stock price might be vulnerable to...
Credit Acceptance (CACC) Up 3.8% Since Last Earnings Report: Can It Continue?
2023-08-31
Credit Acceptance (CACC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
SoFi Technologies: The New Age Of Banking?
2023-08-31
SoFi Technologies is a customer-centric fintech offering loans, banking solutions, and innovative strategies for growth, rated as a buy. Read more here.
Credit Acceptance Announces Completion of $400.0 Million Asset-Backed Financing
2023-08-24
Southfield, Michigan, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $400.0 million asset-backed non-recourse secured financing (the “Financing”). Pursuant to this transaction, we conveyed loans having a value of approximately $500.1 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
Credit Acceptance announces completion of $400 million asset-backed financing
2023-08-24
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Credit Acceptance Again Listed on PEOPLE Magazine 100 Companies that Care®
2023-08-23
Southfield, Michigan, Aug. 23, 2023 (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. Credit Acceptance was ranked 27th among the 100 companies that made the list, up 57 spots from a year ago. Based on survey responses and data from Great Place to Work® from companies representing 7.5 million team me