Tag: Credit Acceptance Corp.

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 ...

In Ken Booth’s more than 20 years at Credit Acceptance Corp., he has focused on technology enhancements, portfolio growth, and ...

Credit Acceptance Corp.’s originations decreased in the third quarter as the subprime lender faces increased competition and worse-than-expected loan performance.  ...

Credit Acceptance Corp. today named a new chief executive and president to replace the retiring Kenneth Booth.   The auto lender’s ...

MIAMI — Auto lenders that target consumers across the credit spectrum are under a microscope following Tricolor Auto’s Chapter 7 ...