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Profile

Credit Acceptance Corp is a consumer finance company that specializes in automobile loans. These loans are offered through a U.S. nationwide network of automobile dealers that benefit from sales of vehicles to consumers who could otherwise not obtain financing. The company also benefits from repeat and referral sales, and from sales to customers responding to advertisements for financing, but qualify for traditional financing. The company derives its revenue from finance charges, premiums earned on the reinsurance of vehicle service contracts, and other fees. Of these, financing charges, including servicing fees, are by far a source of revenue.
URL https://www.creditacceptance.com
Investor Relations URL http://www.ir.creditacceptance.com/
HQ State/Province Michigan
Sector Financials
Industry Consumer Finance
Equity Style Small Cap/Blend
Next Earnings Release Jan. 31, 2025 (est.)
Last Earnings Release Oct. 31, 2024
Next Ex-Dividend Date N/A
Last Ex-Dividend Date N/A

Profile

Credit Acceptance Corp is a consumer finance company that specializes in automobile loans. These loans are offered through a U.S. nationwide network of automobile dealers that benefit from sales of vehicles to consumers who could otherwise not obtain financing. The company also benefits from repeat and referral sales, and from sales to customers responding to advertisements for financing, but qualify for traditional financing. The company derives its revenue from finance charges, premiums earned on the reinsurance of vehicle service contracts, and other fees. Of these, financing charges, including servicing fees, are by far a source of revenue.
URL https://www.creditacceptance.com
Investor Relations URL http://www.ir.creditacceptance.com/
HQ State/Province Michigan
Sector Financials
Industry Consumer Finance
Equity Style Small Cap/Blend
Next Earnings Release Jan. 31, 2025 (est.)
Last Earnings Release Oct. 31, 2024
Next Ex-Dividend Date N/A
Last Ex-Dividend Date N/A