Southfield, Michigan , July 26, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we expect to issue a news release with our second quarter 2024 results on Wednesday, July 31, 2024, after the market closes. A webcast is scheduled for Wednesday, July 31, 2024, at 5:00 p.m. Eastern Time to discuss second quarter 2024 results.   Conference Call and Webcast Information:Date: Wednesday, July 31, 202 ...

Southfield, Michigan, July 22, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ:CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") has been named one of the Best Workplaces for Millennials TM by Fortune. Credit Acceptance was ranked 50th among the 100 large companies that made the list, marking the eighth time the Company has been recognized. "Credit Acceptance incorporates many of the principles that millennials value, such as flexibility and equal opportunity," s ...

Southfield, Michigan , July 15, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ:CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") has been named a Top Workplace in the Financial Services Industry by Top Workplaces with a #9 ranking in the 500-plus employee-size category. While Credit Acceptance has received the Top Workplaces USA recognition for four consecutive years, this year marks our debut on this industry-specific list. On average, fewer than 3% of eligible ...

Southfield, Michigan , July 15, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named a Top Workplace in the Financial Services Industry by Top Workplaces with a #9 ranking in the 500-plus employee-size category. While Credit Acceptance has received the Top Workplaces USA recognition for four consecutive years, this year marks our debut on this industry-specific list. On average, fewer than 3% of eligibl ...

Southfield, Michigan, June 26, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ:CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") has been named a Most Loved Workplace® for 2024 in several categories by the Best Practice Institute (BPI). These lists honor organizations that set a new standard for workplace excellence and demonstrate the power of a culture that fuels overall employee well-being, psychological safety, retention, and performance. "Being named to thes ...

文章核心观点 - 公司通过提供创新的融资解决方案,使汽车经销商能够向信用记录不佳的消费者销售汽车 [2][3] - 公司的融资计划使无法获得传统融资的消费者能够购买汽车,并有机会通过良好的还款记录改善自己的信用评分 [3] - 公司宣布增加了2022年12月15日签订的资产支持非追索性担保融资的规模,从2亿美元增加到3亿美元,同时延长了该融资的到期日 [1] 公司概况 - 公司通过提供创新的融资解决方案,使汽车经销商能够向信用记录不佳的消费者销售汽车 [2] - 公司的融资计划使无法获得传统融资的消费者能够购买汽车,并有机会通过良好的还款记录改善自己的信用评分 [3] - 公司是纳斯达克上市公司,股票代码为CACC [3] 融资情况 - 公司宣布增加了2022年12月15日签订的资产支持非追索性担保融资的规模,从2亿美元增加到3亿美元 [1] - 该融资的到期日也从2025年12月15日延长至2027年6月15日 [1] - 除上述变更外,融资的其他条款没有发生重大变化 [1]

文章核心观点 - 公司宣布增加2022年12月15日签订的300百万美元的资产支持非追索性担保融资规模,并将到期日从2025年12月15日延长至2027年6月15日 [1] - 公司通过创新的融资解决方案,使汽车经销商能够向信用记录不佳的消费者销售汽车 [2][3] - 公司的融资计划为消费者提供了改善信用评分并获得更传统融资渠道的机会 [3] 公司概况 - 公司在纳斯达克上市,股票代码为CACC [3] - 公司联系方式:投资者关系负责人Douglas W. Busk,电话(248) 353-2700 Ext. 4432,电子邮箱IR@creditacceptance.com [4] 行业概况 - 公司的融资计划使无法获得传统融资的消费者得以购买汽车 [3] - 公司向三大全国性信用报告机构报告信息,这为消费者改善信用评分提供了机会 [3]

Southfield, Michigan, June 20, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ:CACC) (the "Company", "Credit Acceptance", "we", "our", or "us") announced today the completion of a $550.0 million asset-backed non-recourse secured financing (the "Financing"). Pursuant to this transaction, we conveyed loans having a value of approximately $687.7 million to a wholly-owned special purpose entity which will transfer the loans to a trust, which will issue three classes of notes: Note Class Amount Av ...

文章核心观点 - 公司完成了一笔550.0百万美元的资产支持非追索性担保融资[1] - 该融资将用于偿还现有债务和一般公司用途[2] - 公司将获得相关消费贷款现金流的4.0%作为服务费,剩余96.0%将用于偿还票据本息和融资成本[3] 公司概况 - 公司通过创新的融资解决方案,使汽车经销商能够向信用记录不佳的消费者销售汽车[5] - 公司的融资计划为消费者提供了改善信用评分的机会,从而获得更传统的融资渠道[6] - 公司在纳斯达克上市,股票代码为CACC[6]

文章核心观点 - 公司宣布延长其与银行联合体的循环担保信贷额度的到期日,从2026年6月22日延长至2027年6月22日 [1] - 该信贷额度的利率从彭博短期银行收益率指数加197.5个基点变更为隔夜融资利率加197.5个基点 [1] - 截至2024年6月17日,公司在该信贷额度下有66.8百万美元的未偿余额 [1] 公司概况 - 公司通过提供创新的融资解决方案,使汽车经销商能够向信用记录不佳的消费者销售汽车 [2] - 公司的融资计划通过全国性的汽车经销商网络提供,这些经销商从向无法获得传统融资的消费者销售汽车中获益,并从这些客户产生的重复和推荐销售中获益 [2] - 公司向三大全国性信用报告机构报告,这为消费者提供了改善信用评分、获得更传统融资渠道的机会 [3] 投资者关系 - 公司首席财务官Douglas W. Busk负责投资者关系 [4] - 投资者可通过电子邮件IR@creditacceptance.com联系公司 [4]