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Home » Credit Acceptance Corp. consumer loan assignment volume jumps 32%  

Credit Acceptance Corp. consumer loan assignment volume jumps 32%  

Consumer loan unit volume also increased 29.3% YoY  

Amanda Harris, Joey Pizzolato and Riley WolfbauerbyAmanda Harris, Joey Pizzolato and Riley Wolfbauer
November 2, 2022
in Earnings
Reading Time: 3 mins read
0
cars

(c) Can Stock Photo / welcomia

Subprime lender Credit Acceptance Corp. logged a second straight quarter of consumer loan assignment volume increases following five quarters of declines.   Dollar volumes grew 32.1% year over year while unit volumes climbed 29.3% YoY to 71,937, according to the lender’s Q3 earnings report. The upturn was largely driven by a 12.6% YoY increase in the […]

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