Tag: Credit Acceptance Corp.

Auto financiers continue to seek key personnel but the number of open positions has slid in the past year. Overall, financiers are looking to fill nearly 918 positions as of ...

The Secured Overnight Financing Rate Index, which tracks the cumulative compounded effect of short-term funding costs in capital markets, increased ...

Credit Acceptance Corp. has named Joe Billante chief financial officer to succeed Jay Martin.  Martin will retire on July 27 after 23 years at ...

Subprime lender Credit Acceptance Corp.’s originations declined and collection performance weakened in the first quarter, though the financier gained active ...

Auto financier Credit Acceptance laid off 5% of its workforce on April 16, weeks ahead of its first-quarter earnings release. ...

Auto lenders are working to balance growth against rising credit and affordability pressures as the market adjusts to shifting consumer ...

Competition is increasing for auto lenders who serve consumers with thin credit or who don’t qualify for traditional credit.   Financiers’ interest in serving ...

Credit Acceptance Corp.’s originations declined in the fourth quarter as the company eyes growth with franchise and large independent dealers alongside AI ...