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CAC originations rise 10.5%, outstandings reach record

Contracts numbered 81K in Q3

Riley Wolfbauer

Credit Acceptance Corp.’s origination volume rose on a year-over-year basis in the third quarter, marking the sixth consecutive quarter of growth and a record portfolio size for the auto lender.  Consumer loan assignments increased 13% YoY on a unit volume basis to 81,229 contracts and rose 10.5% YoY on a dollar basis, according to the […]

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