Credit Acceptance originations down 10.1%
Credit Acceptance Corp.’s originations fell in the first quarter as market share also dipped year over year on the heels ...
Tag: Credit Acceptance Corp.
CFPB seeks to withdraw from lawsuit against CACC
The Consumer Financial Protection Bureau is withdrawing from a lawsuit against subprime lender Credit Acceptance Corp. that it filed alongside ...
Subprime lenders navigate ‘new normal’ with cautious optimism
Subprime lenders looking to regain momentum in 2025 are expressing measured optimism as they navigate consumer stress and uncertainty in ...
Five questions with … Credit Acceptance CEO Ken Booth
Credit Acceptance Corp. is eyeing growth through improving products, enhancing dealer and customer experiences and prioritizing credit access for nonprime ...
CACC sees 200% increase in dealer real-time payment adoption
The number of dealers enrolled in subprime lender Credit Acceptance Corp.’s real-time payment services program has jumped about 200% in ...
CACC originations rise 0.3%
Credit Acceptance Corp.’s originations and number of active dealers rose in the fourth quarter as the subprime lender’s used-vehicle market ...
Credit Acceptance Corp. originations climb 17.7%
Subprime financier Credit Acceptance Corp.’s origination volume posted double-digit growth year over year in the third quarter. Credit Acceptance Corp. ...
CACC extends credit facility amid portfolio growth
Credit Acceptance Corp. has extended its credit facility with a commercial bank syndicate and updated the interest rate on borrowings ...
