CACC Credit Acceptance Corporation

Credit Acceptance Named to the 2021 Metropolitan Detroit’s Best and Brightest Companies to Work For®! List and a 2021 Michigan’s Best and Brightest in Wellness® Award Winner

Credit Acceptance Named to the 2021 Metropolitan Detroit’s Best and Brightest Companies to Work For®! List and a 2021 Michigan’s Best and Brightest in Wellness® Award Winner

Southfield, Michigan, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) is pleased to announce that we have received two more awards.

We've been named to the 2021 Metropolitan Detroit’s Best and Brightest Companies to Work For®! List. This award honors organizations that display a commitment to excellence in their human resource practices and team member programs. Companies are evaluated based on categories including communication, work-life balance, employee education, diversity, recognition, retention and more. This marks the tenth straight year that we have received this honor.

We've also been named a 2021 Michigan’s Best and Brightest in Wellness Award winner. This honor recognizes, celebrates and spotlights organizations that promote a culture of wellness and implement efforts to make their business and the community a healthier place to live and work. This marks the second straight year that we have received this award.

Today's announcement marks the seventh and eighth workplace awards that we’ve received this year, as we also received:

  • Best Workplaces in Financial Services & Insurance (last seven years in a row)
  • 2021 Top Workplaces USA Award (new award this year)
  • 2021 Nevada Top Workplaces (last two years in a row)

  • Computerworld’s Best Places to Work in IT (seven-time winner)
  • 2021 Best Workplaces for Millennials (five-time winner)
  • Crain’s Fast 50 (last eight years in a row)

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 the Best and Brightest Companies to Work For® program

The Best and Brightest Companies to Work For® competition identifies and honors organizations that display a commitment to excellence in their human resource practices and employee enrichment. Organizations are assessed based on categories such as communication, work-life balance, employee education, diversity, recognition, retention and more.

About the Best and Brightest in Wellness®

The Best and Brightest In Wellness® is an innovative initiative that recognizes and celebrates quality and excellence in health awareness. This unique program highlights companies, schools, faith-based groups, and organizations that promote a culture of wellness; and those that plan, implement, and evaluate efforts in employee wellness to make their business and the community a healthier place to live and work.



Investor Relations: Douglas W. Busk
Chief Treasury Officer
(248) 353-2700 Ext. 4432
 
EN
22/09/2021

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Reports on Credit Acceptance Corporation

 PRESS RELEASE

Credit Acceptance Named One of PEOPLE Magazine's 100 Companies that Ca...

Credit Acceptance Named One of PEOPLE Magazine's 100 Companies that Care® for Fourth Consecutive Year Southfield, Michigan, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named one of PEOPLE Magazine’s 100 Companies That Care® by Great Place To Work® and PEOPLE magazine for the fourth consecutive year. Credit Acceptance was ranked 44th among the 100 companies that made the list, up 15 spots from last year. “Being named a 'Company That Cares' is an incredible honor because it...

 PRESS RELEASE

Credit Acceptance Named to 2025 Crain's Fast 50 List

Credit Acceptance Named to 2025 Crain's Fast 50 List Southfield, Michigan, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named to the 2025 Crain’s Fast 50 list for the ninth time. “It’s an honor to be named one of the fastest-growing companies in metro Detroit,” said Jay Martin, Chief Financial Officer, Credit Acceptance. “Our growth reflects the power of our unique approach—helping automobile dealers finance consumers regardless of credit history. Our program not only sets...

 PRESS RELEASE

Credit Acceptance Announces Second Quarter 2025 Results

Credit Acceptance Announces Second Quarter 2025 Results Southfield, Michigan, July 31, 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 $87.4 million, or $7.42 per diluted share, for the three months ended June 30, 2025. Adjusted net income, a non-GAAP financial measure, for the three months ended June 30, 2025 was $100.8 million, or $8.56 per diluted share. The following table summarizes our financial results: (In millions, except per share data) For t...

 PRESS RELEASE

Credit Acceptance Announces Extension of Revolving Secured Warehouse F...

Credit Acceptance Announces Extension of Revolving Secured Warehouse Facility Southfield, Michigan, July 30, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we extended the date on which our $300.0 million revolving secured warehouse facility will cease to revolve from December 29, 2026 to July 30, 2028. The interest rate on borrowings under the facility has been decreased from the Secured Overnight Financing Rate (“SOFR”) plus 221.4 basis points to SOFR plus 205 basis poin...

 PRESS RELEASE

Credit Acceptance Announces Timing of Second Quarter 2025 Earnings Rel...

Credit Acceptance Announces Timing of Second Quarter 2025 Earnings Release and Webcast Southfield, Michigan, July 24, 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 second quarter 2025 earnings on Thursday, July 31, 2025, after the market closes. A webcast is scheduled for Thursday, July 31, 2025, at 5:00 p.m. Eastern Time to discuss second quarter 2025 earnings.   Conference Call and Webcast Information:Date: Thursday, July 31, ...

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