ABS-15G - CREDIT ACCEPTANCE CORP (0000885550) (Filer)

8-K - CREDIT ACCEPTANCE CORP (0000885550) (Filer)

8-K - CREDIT ACCEPTANCE CORP (0000885550) (Filer)

8-K - CREDIT ACCEPTANCE CORP (0000885550) (Filer)

10-K - CREDIT ACCEPTANCE CORP (0000885550) (Filer)

8-K - CREDIT ACCEPTANCE CORP (0000885550) (Filer)

8-K - CREDIT ACCEPTANCE CORP (0000885550) (Filer)

8-K - CREDIT ACCEPTANCE CORP (0000885550) (Filer)

10-Q - CREDIT ACCEPTANCE CORP (0000885550) (Filer)

8-K - CREDIT ACCEPTANCE CORP (0000885550) (Filer)

4 - CREDIT ACCEPTANCE CORP (0000885550) (Issuer)

Southfield, Michigan, April 29, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ:CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") today announced that Brett A. Roberts, the Company's Chief Executive Officer and President and a member of the Company's Board of Directors, will retire at the close of business on May 3, 2021. The Board of Directors has unanimously elected and appointed the Company's Chief Financial Officer, Kenneth S. Booth, as the Company's new Chief Executive Officer and President and as a director, effective May 3, 2021. Tom Tryforos, the Company's Lead Director, said "I think I speak for all at Credit Acceptance in saying that

Southfield, Michigan, Jan. 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 fourth quarter 2024 earnings on Thursday, January 30, 2025, after the market closes. A webcast is scheduled for Thursday, January 30, 2025, at 5:00 p.m. Eastern Time to discuss fourth quarter 2024 earnings.   Conference Call and Webcast Information:Date: Thursday, January 30, 2025Time: 5:00 p.m. Eastern Time Telephone Access:  Only persons accessing the webcast by telephone will be able to pose questions to the presenters during the webcast. To particip

Southfield, Michigan, Oct. 23, 2024 (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 2024 earnings on Wednesday, October 30, 2024, after the market closes. A webcast is scheduled for Thursday, October 31, 2024, at 8:30 a.m. Eastern Time to discuss third quarter 2024 earnings.   Conference Call and Webcast Information:Date: Thursday, October 31, 2024Time: 8:30 a.m. Eastern Time Telephone Access:  Only persons accessing the webcast by telephone will be able to pose questions to the presenters during the webcast. To par

Southfield, Michigan , July 26, 2024 (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 second quarter 2024 results on Wednesday, July 31, 2024, after the market closes. A webcast is scheduled for Wednesday, July 31, 2024, at 5:00 p.m. Eastern Time to discuss second quarter 2024 results.   Conference Call and Webcast Information:Date: Wednesday, July 31, 2024Time: 5:00 p.m. Eastern Time Telephone Access:  Only persons accessing the webcast by telephone will be able to pose questions to the presenters during the webcast. To participa

Southfield, Michigan, April 23, 2024 (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 first quarter 2024 earnings on Tuesday, April 30, 2024, after the market closes. A webcast is scheduled for Tuesday, April 30, 2024, at 5:00 p.m. Eastern Time to discuss first quarter 2024 earnings.   Conference Call and Webcast Information:Date: Tuesday, April 30, 2024Time: 5:00 p.m. Eastern Time Telephone Access:  Only persons accessing the webcast by telephone will be able to pose questions to the presenters during the webcast. To participate by tel

Southfield, Michigan, Jan. 24, 2024 (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 fourth quarter 2023 earnings on Wednesday, January 31, 2024, after the market closes. A webcast is scheduled for Wednesday, January 31, 2024, at 5:00 p.m. Eastern Time to discuss fourth quarter 2023 earnings.   Conference Call and Webcast Information:Date: Wednesday, January 31, 2024Time: 5:00 p.m. Eastern Time Telephone Access:  Only persons accessing the webcast by telephone will be able to pose questions to the presenters during the webcast. To parti

Southfield, Michigan, Oct. 23, 2023 (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 2023 earnings on Monday, October 30, 2023, after the market closes. A webcast is scheduled for Monday, October 30, 2023, at 5:00 p.m. Eastern Time to discuss third quarter 2023 earnings.   Conference Call and Webcast Information:Date: Monday, October 30, 2023Time: 5:00 p.m. Eastern Time Telephone Access:  Only persons accessing the webcast by telephone will be able to pose questions to the presenters during the webcast. To participate by t

Southfield, Michigan, July 25, 2023 (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 second quarter 2023 earnings on Tuesday, August 1, 2023, after the market closes. A webcast is scheduled for Tuesday, August 1, 2023, at 5:00 p.m. Eastern Time to discuss second quarter 2023 earnings.   Conference Call and Webcast Information:Date: Tuesday, August 1, 2023Time: 5:00 p.m. Eastern Time Telephone Access:  Only persons accessing the webcast by telephone will be able to pose questions to the presenters during the webcast. To participat

Southfield, Michigan, April 24, 2023 (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 first quarter 2023 earnings on Monday, May 1, 2023, after the market closes. A webcast is scheduled for Monday, May 1, 2023, at 5:00 p.m. Eastern Time to discuss first quarter 2023 earnings.  Conference Call and Webcast Information: Date: Monday, May 1, 2023 Time: 5:00 p.m. Eastern Time Telephone Access:  Only persons accessing the webcast by telephone will be able to pose questions to the presenters during the webcast. To participate by telephone, yo

Southfield, Michigan , Jan. 24, 2023 (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 fourth quarter and full year 2022 earnings on Tuesday, January 31, 2023, after the market closes. A webcast is scheduled for Tuesday, January 31, 2023, at 5:00 p.m. Eastern Time to discuss fourth quarter and full year 2022 earnings.  Conference Call and Webcast Information: Date: Tuesday, January 31, 2023 Time: 5:00 p.m. Eastern Time Telephone Access:  Only persons accessing the webcast by telephone will be able to pose questions to the presente

Southfield, Michigan , Oct. 25, 2022 (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 2022 earnings on Tuesday, November 1, 2022, after the market closes. A webcast is scheduled for Tuesday, November 1, 2022, at 5:00 p.m. Eastern Time to discuss third quarter earnings.  Conference Call and Webcast Information: Date: Tuesday, November 1, 2022 Time: 5:00 p.m. Eastern Time Telephone Access:  To participate by telephone, including those who wish to ask questions, you must pre-register using the following link: https:

4 - CREDIT ACCEPTANCE CORP (0000885550) (Issuer)

4 - CREDIT ACCEPTANCE CORP (0000885550) (Issuer)

4 - CREDIT ACCEPTANCE CORP (0000885550) (Issuer)

4 - CREDIT ACCEPTANCE CORP (0000885550) (Issuer)

4 - CREDIT ACCEPTANCE CORP (0000885550) (Issuer)

4 - CREDIT ACCEPTANCE CORP (0000885550) (Issuer)

4 - CREDIT ACCEPTANCE CORP (0000885550) (Issuer)

4 - CREDIT ACCEPTANCE CORP (0000885550) (Issuer)

4 - CREDIT ACCEPTANCE CORP (0000885550) (Issuer)

4 - CREDIT ACCEPTANCE CORP (0000885550) (Issuer)

Southfield, Michigan, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ:CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") announced today that it has delivered a conditional notice of redemption to the trustee for the Company's 6.625% senior notes due 2026 (the "2026 notes"). The notice of redemption calls for the redemption of all of the outstanding $400.0 million aggregate principal amount of 2026 notes (the "redemption") on February 28, 2025, in accordance with the terms of the indenture governing the 2026 notes. The redemption is conditioned upon the Company's receipt, prior to the redemption date (or on the redemption date at or prio

Southfield, Michigan , Feb. 13, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ:CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") announced today that it priced $500.0 million aggregate principal amount of its 6.625% senior notes due 2030 (the "notes") in its previously announced offering at an issue price of 100% of the principal amount of the notes. The $500.0 million aggregate principal amount of the notes represents an increase in the offering size from the previously announced $400.0 million. The closing of the sale of the notes is expected to occur on or about February 28, 2025, subject to customary closing conditions. We intend to use the

Southfield, Michigan, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ:CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") announced today that it plans to offer $400.0 million aggregate principal amount of senior notes due 2030 (the "notes"). We intend to use the net proceeds from the offering of the notes, together with cash on hand, to fund the redemption of all of our $400.0 million outstanding 6.625% senior notes due 2026 (the "2026 notes"), in accordance with the terms of the indenture governing the 2026 notes, and the payment of fees and expenses in connection therewith. Pending this application of the net proceeds from the offering

Southfield, Michigan, Jan. 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 $151.9 million, or $12.26 per diluted share, for the three months ended December 31, 2024 compared to consolidated net income of $93.6 million, or $7.29 per diluted share, for the same period in 2023. Adjusted net income, a non-GAAP financial measure, for the three months ended December 31, 2024 was $126.0 million, or $10.17 per diluted share, compared to $129.1 million, or $10.06 per diluted share, for the same period in 2023. The following table summarizes our financial resu

Southfield, Michigan, Jan. 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 fourth quarter 2024 earnings on Thursday, January 30, 2025, after the market closes. A webcast is scheduled for Thursday, January 30, 2025, at 5:00 p.m. Eastern Time to discuss fourth quarter 2024 earnings.   Conference Call and Webcast Information:Date: Thursday, January 30, 2025Time: 5:00 p.m. Eastern Time Telephone Access:  Only persons accessing the webcast by telephone will be able to pose questions to the presenters during the webcast. To particip

Southfield, Michigan, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ:CACC) (the "Company", "Credit Acceptance", "we", "our", or "us") announced today the completion of a $300.0 million asset-backed non-recourse secured financing (the "Financing"). Pursuant to this transaction, we conveyed loans having a value of approximately $375.1 million to a wholly owned special purpose entity that will pledge the loans to institutional lenders under a loan and security agreement. We will issue three classes of notes: Note Class Amount Interest Rate              A $139,220,000  5.79%              B $62,180,000  6.03%              C $98,600,000  6.67% The Financing will: have a

Southfield, Michigan, Dec. 11, 2024 (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 Places to Work in IT by Computerworld for the 10th year. Credit Acceptance ranked #8 among midsize companies. This award recognizes companies with comprehensive tech-led strategies that foster an inclusive, supportive, and growth-oriented workplace. "Our Engineering team continues to be at the forefront of many key initiatives. Together, team members have shown incredible effort, dedication, and collaboration while driving change to modernize the way we work," said Ravi Mohan, Chief Tech

Southfield, Michigan, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ:CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") announced today that we have increased the amount of Warehouse Facility V (the "Facility"), one of our revolving secured warehouse facilities, from $200.0 million to $250.0 million. We also extended the date on which the Facility will cease to revolve from December 29, 2025 to December 29, 2027. The maturity of the Facility was also extended from December 27, 2027 to December 27, 2029. The interest rate on borrowings under the Facility has decreased from the Secured Overnight Financing Rate ("SOFR") plus 245 basis poin

Southfield, Michigan, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ:CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") has been named a winner of the 2024 Detroit Free Press Top Workplaces. We ranked #2 among the top large companies in Michigan, the same as a year ago. This is the 13th year in a row that the Company has been recognized with this award by the Detroit Free Press. We also received the prestigious Managers Specialty Award for our leaders' efforts to help team members grow and learn as well as for caring about their concerns. "Credit Acceptance may be a remote-first company, but our roots remain firmly planted in Michigan,

Southfield, Michigan, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ:CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") today announced consolidated net income of $78.8 million, or $6.35 per diluted share, for the three months ended September 30, 2024 compared to consolidated net income of $70.8 million, or $5.43 per diluted share, for the same period in 2023. Adjusted net income, a non-GAAP financial measure, for the three months ended September 30, 2024 was $109.1 million, or $8.79 per diluted share, compared to $139.5 million, or $10.70 per diluted share, for the same period in 2023. The following table summarizes our financial resul