Tag: Credit Acceptance Corp.

Credit Acceptance Corp.’s forbearance and deferral rates have dropped to below pre-pandemic levels after improving “pretty dramatically in May” and ...

What a difference a few months make. Last year, subprime lenders outpaced banks, captives and credit unions at a rate ...

Credit Acceptance Corp. has suspended its first-quarter earnings report due to the “adverse impact” the COVID-19 crisis has had on ...

The auto finance sector has been pressured from all sides since COVID-19 took root in the U.S. With vehicle production ...

Auto asset-backed securities volume is growing this year, with volumes outpacing last February’s levels to reach $22 billion, a near ...

Auto lenders brought more than $6.4 billion in asset-backed securities to market this week, in transactions backed by prime and ...

New dealer enrollment at Credit Acceptance Corp. has experienced a “fall off” in the fourth quarter, Chief Executive Brett Roberts ...

Credit Acceptance Corp. is issuing $400 million in senior notes — due in 2024 — to fund its concurrent cash ...