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Home » CACC portfolio growing amid industry softening

CACC portfolio growing amid industry softening

Loan performance mixed based on origination date

Riley WolfbauerbyRiley Wolfbauer
November 6, 2023
in Risk Management
Reading Time: 4 mins read
0
Cars in a parking lot

Auto lender Credit Acceptance Corp. logged portfolio growth through the first half of the year amid wider industry credit performance softening fueled by high interest rates and elevated vehicle prices while the lender’s loan performance remains mixed based on origination date.  “We expect these cycles to go up and down, but these are challenging times […]

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Tags: collectionsCredit Acceptance Corp.credit performanceportfolio growthPremium
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