Credit Acceptance Corporation (CACC) is well-poised for top-line growth, supported by decent demand for auto loans and an increase in dealer enrollments and active dealers. However, elevated expenses, weakening credit quality and high debt levels are major concerns.Supported by an increase in finance charges, Credit Acceptance’s revenues witnessed a seven-year (2016-2023) compound annual growth rate (CAGR) of 10.1%, with the uptrend continuing in the first half of 2024. In the first six months of 2024, fina ...