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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. The company was founded in 1972 and is headquartered in Southfield, Michigan.

Credit Acceptance Corporation

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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.

CREDIT ACCEPTANCE NAMED A 2025 TOP WORKPLACE IN MICHIGAN BY THE DETROIT FREE PRESS

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:

CREDIT ACCEPTANCE ANNOUNCES COMPLETION OF $500.0 MILLION ASSET-BACKED FINANCING

SOUTHFIELD, MICHIGAN, OCT. 30, 2025 (GLOBE NEWSWIRE) -- CREDIT ACCEPTANCE CORPORATION (NASDAQ: CACC) (REFERRED TO AS THE COMPANY, CREDIT ACCEPTANCE, WE, OUR, OR US) TODAY ANNOUNCED CONSOLIDATED NET INCOME OF $108.2 MILLION, OR $9.43 PER DILUTED SHARE, FOR THE THREE MONTHS ENDED SEPTEMBER30, 2025. ADJUSTED NET INCOME, A NON-GAAP FINANCIAL MEASURE, FOR THE THREE MONTHS ENDED SEPTEMBER30, 2025 WAS $117.9 MILLION, OR $10.28 PER DILUTED SHARE.

CREDIT ACCEPTANCE ANNOUNCES THIRD QUARTER 2025 RESULTS

SOUTHFIELD, MICHIGAN, OCT. 28, 2025 (GLOBE NEWSWIRE) -- CREDIT ACCEPTANCE CORPORATION (NASDAQ: CACC) (REFERRED TO AS THE COMPANY, CREDIT ACCEPTANCE, WE, OUR, OR US) TODAY ANNOUNCED THAT KENNETH S. BOOTH, CHIEF EXECUTIVE OFFICER AND PRESIDENT AND A MEMBER OF THE COMPANY'S BOARD OF DIRECTORS, WILL RETIRE AS OF JANUARY 31, 2026. MR. BOOTH WILL REMAIN A MEMBER OF THE COMPANY'S BOARD OF DIRECTORS. THE BOARD OF DIRECTORS HAS UNANIMOUSLY ELECTED AND APPOINTED VINAYAK R. HEGDE AS THE COMPANY'S NEXT CHIEF EXECUTIVE OFFICER AND PRESIDENT, EFFECTIVE NOVEMBER 13, 2025. AS OF THIS DATE, MR. BOOTH WILL TRANSITION TO EXECUTIVE BOARD MEMBER.

CREDIT ACCEPTANCE ANNOUNCES CEO TRANSITION: KENNETH S. BOOTH TO RETIRE AS CEO; VINAYAK HEGDE APPOINTED AS NEXT CEO

SOUTHFIELD, MICHIGAN, OCT. 23, 2025 (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 2025 EARNINGS ON THURSDAY, OCTOBER 30, 2025, AFTER THE MARKET CLOSES. A WEBCAST IS SCHEDULED FOR THURSDAY, OCTOBER 30, 2025, AT 5:00 P.M. EASTERN TIME TO DISCUSS THIRD QUARTER 2025 EARNINGS.

CREDIT ACCEPTANCE ANNOUNCES TIMING OF THIRD QUARTER 2025 EARNINGS RELEASE AND WEBCAST

SOUTHFIELD, MICHIGAN, OCT. 23, 2025 (GLOBE NEWSWIRE) -- CREDIT ACCEPTANCE CORPORATION (NASDAQ: CACC) (REFERRED TO AS THE COMPANY, CREDIT ACCEPTANCE, WE, OUR, OR US) HAS BEEN NAMED ONE OF THE 2025 US FORTUNE BEST WORKPLACES FOR WOMEN FOR THE SEVENTH TIME. WE RANKED #11 ON THE TOP 100 LARGE COMPANY LIST, UP 18 SPOTS FROM LAST YEAR.

CREDIT ACCEPTANCE AGAIN NAMED A BEST WORKPLACE FOR WOMEN BY FORTUNE

SOUTHFIELD, MICHIGAN, OCT. 15, 2025 (GLOBE NEWSWIRE) -- CREDIT ACCEPTANCE CORPORATION (NASDAQ: CACC) (REFERRED TO AS THE COMPANY, CREDIT ACCEPTANCE, WE, OUR, OR US) HAS BEEN NAMED TO THE LIST OF AMERICA'S TOP 100 MOST LOVED WORKPLACES FOR 2025, AS FEATURED IN THE WALL STREET JOURNAL. THIS IS OUR SECOND YEAR BEING LISTED, AND WE RANKED SIXTH, CLIMBING FOUR SPOTS.

CREDIT ACCEPTANCE NAMED TO 2025 AMERICA'S TOP 100 MOST LOVED WORKPLACES LIST

SOUTHFIELD, MICHIGAN, OCT. 07, 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 FOR REMOTE WORK BY CAREERBUILDER AND MONSTER. CREDIT ACCEPTANCE WAS RANKED #1 IN THE 1,000-2,499 EMPLOYEE CATEGORY, UP ONE SPOT FROM LAST YEAR.

CREDIT ACCEPTANCE NAMED A 2025 TOP WORKPLACE FOR REMOTE WORK

SOUTHFIELD, MICHIGAN, SEPT. 19, 2025 (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 21, 2026 TO SEPTEMBER 19, 2028. THE INTEREST RATE ON BORROWINGS UNDER THE FACILITY HAS BEEN DECREASED FROM THE SECURED OVERNIGHT FINANCING RATE (SOFR) PLUS 225 BASIS POINTS TO SOFR PLUS 185 BASIS POINTS. THERE WERE NO OTHER MATERIAL CHANGES TO THE TERMS OF THE FACILITY.

CREDIT ACCEPTANCE ANNOUNCES EXTENSION OF REVOLVING SECURED WAREHOUSE FACILITY

SOUTHFIELD, MICHIGAN, SEPT. 10, 2025 (GLOBE NEWSWIRE) -- CREDIT ACCEPTANCE CORPORATION (NASDAQ: CACC) (REFERRED TO AS THE COMPANY, CREDIT ACCEPTANCE, WE, OUR, OR US) HAS BEEN NAMED TO THE 2025 FORTUNE BEST WORKPLACES IN FINANCIAL SERVICES & INSURANCE LIST BY GREAT PLACE TO WORK AND FORTUNE FOR THE ELEVENTH CONSECUTIVE YEAR. CREDIT ACCEPTANCE WAS RANKED 10T H AMONG THE 50 COMPANIES IN THE LARGE COMPANY CATEGORY, UP 3 SPOTS FROM LAST YEAR.

Credit Acceptance Corporation

CACC

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Credit Acceptance Corporation

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CACC