CACC Credit Acceptance Corporation

Credit Acceptance Named #18 Midsize Company in IDG’s Insider Pro and Computerworld 2020 Best Places to Work in IT

Credit Acceptance Named #18 Midsize Company in IDG’s Insider Pro and Computerworld 2020 Best Places to Work in IT

Southfield, Michigan, June 23, 2020 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named #18 in IDG’s Insider Pro and Computerworld 2020 Best Places to Work in IT in the Midsize category.

The Best Places to Work in Information Technology (“IT”) list is an annual ranking of the top 100 work environments for technology professionals by IDG’s Insider Pro and Computerworld. The list is compiled based on a comprehensive questionnaire regarding company offerings in categories such as benefits, career development and training opportunities. In addition, Computerworld conducted a survey of our IT team, and their responses were analyzed and factored heavily in determining our award ranking.

This is the fifth workplace award that we’ve received this year as we also received:

  • FORTUNE 100 Best Companies to Work For (last seven years in a row)
  • Best Workplaces in Financial Services & Insurance (last six years in a row)
  • National Best and Brightest Companies to Work For (last eight years in a row)
  • 2020 Nevada Top Workplaces

About Credit Acceptance

Since 1972, Credit Acceptance has offered financing programs that enable automobile dealers to sell vehicles to consumers, regardless of their credit history.  Our financing programs are offered through a nationwide network of automobile dealers who benefit from sales of vehicles to consumers who otherwise could not obtain financing; from repeat and referral sales generated by these same customers; and from sales to customers responding to advertisements for our financing programs, but who actually end up qualifying for traditional financing.

Without our financing programs, consumers are often unable to purchase vehicles or they purchase unreliable ones.  Further, as we report to the three national credit reporting agencies, an important ancillary benefit of our programs is that we provide consumers with an opportunity to improve their lives by improving their credit score and move on to more traditional sources of financing.  Credit Acceptance is publicly traded on the Nasdaq Stock Market under the symbol CACC.  For more information, visit .

About Insider Pro and Computerworld

Insider Pro provides its subscribers with access to in-depth research, enterprise product reviews, hands-on advice, editor-curated special reports and exclusive feature articles on topics such as AI, machine learning, cloud platforms, analytics, network security, cyber threats, IoT, tech careers and much more. Insider Pro is published by IDG Communications, Inc.

Computerworld is the leading technology media brand empowering enterprise users and their managers, helping them create business advantage by skillfully exploiting today's abundantly powerful web, mobile, and desktop applications. Computerworld also offers guidance to IT managers tasked with optimizing client systems—and helps businesses revolutionize the customer and employee experience with new collaboration platforms. Computerworld's award-winning website (), strategic marketing solutions and research forms the hub of the world's largest global IT media network and provides opportunities for IT vendors to engage this audience. Computerworld is published by IDG Communications, Inc.

Investor Relations: Douglas W. Busk
Senior Vice President and Treasurer
(248) 353-2700 Ext. 4432
 
EN
23/06/2020

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Reports on Credit Acceptance Corporation

Moody's Ratings affirms Credit Acceptance's Ba3 ratings; outlook stabl...

Moody's Ratings (Moody's) has affirmed Credit Acceptance Corporation's (CAC) Ba3 corporate family rating (CFR) and Ba3 senior unsecured rating. The issuer outlook remains stable. RATINGS RATIONALE CAC's ratings reflect the company's long history as a subprime auto lender, strong profitability, m...

 PRESS RELEASE

Credit Acceptance Announces First Quarter 2025 Results

Credit Acceptance Announces First Quarter 2025 Results Southfield, Michigan, April 30, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolidated net income of $106.3 million, or $8.66 per diluted share, for the three months ended March 31, 2025. Adjusted net income, a non-GAAP financial measure, for the three months ended March 31, 2025 was $114.8 million, or $9.35 per diluted share. The following table summarizes our financial results: (In millions, except per share data) F...

 PRESS RELEASE

Credit Acceptance Welcomes CFPB’s Withdrawal From Lawsuit

Credit Acceptance Welcomes CFPB’s Withdrawal From Lawsuit Southfield, Michigan, April 24, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that on April 24, 2025, the Consumer Financial Protection Bureau (“CFPB”) filed an unopposed motion to withdraw from the lawsuit that it initiated jointly on January 4, 2023, with the Office of the New York State Attorney General (NYAG) against Credit Acceptance in the United States District Court for the Southern District of New York. As of t...

 PRESS RELEASE

Credit Acceptance Announces Timing of First Quarter 2025 Earnings Rele...

Credit Acceptance Announces Timing of First Quarter 2025 Earnings Release and Webcast Southfield, Michigan, April 23, 2025 (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 first quarter 2025 earnings on Wednesday, April 30, 2025, after the market closes. A webcast is scheduled for Wednesday, April 30, 2025, at 5:00 p.m. Eastern Time to discuss first quarter 2025 earnings.   Conference Call and Webcast Information:Date: Wednesday, April ...

 PRESS RELEASE

Credit Acceptance Recognized with Multiple 2025 Top Workplaces Spring ...

Credit Acceptance Recognized with Multiple 2025 Top Workplaces Spring Culture Excellence Awards Southfield, Michigan, April 23, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) is proud to announce our recognition as a 2025 Spring Culture Excellence Top Workplaces award winner in the following five categories: Work-Life Flexibility, Leadership, Innovation, Purpose & Values, and Compensation & Benefits. “These awards are a reflection of what makes our culture special,” said Wendy Rummler, Chief ...

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