Credit Acceptance Corporation, or CAC, said on June 23 that it had extended the maturity of its credit facility with a commercial bank syndicate by another year, from June 23, 2016 to June 23, 2017. Bank of America Corp. and RBS Citizens make up the syndicate. The company said there were not material changes to the terms of the facility, which continues to be secured, by a lien on the company’s assets. As of this month, CAC had $90.1 million outstanding in the facility.