Credit Acceptance
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Credit Acceptance
Credit Acceptance Corporation is an auto finance company providing automobile loans and other related financial products. The company operates its financial program through a national network of dealer-partners, the automobile dealers participating in the programs. The company operates two programs: the "Portfolio Program" and the "Purchase Program". Through these programs, the company can advance money to automobile dealers in exchange for the right to service the underlying consumer loans and can buy the consumer loans from automobile dealers. Credit Acceptance reported annual revenue of $1.49B for 2019.
Data Source : Wikipedia
- Entity: Company
- Type: Public
- Traded as: Nasdaq: Cacc, Russell 1000 Component, S&P 600 Component
- Industry: Financial
- Founded: 1972
- Founder: Donald Foss
- Key people: Vinayak Hegde (Ceo)
- Services: Credit Services
- Revenue: Us$2.32 Billion (2025)
- Operating income: Us$857.5 Million (2019)
- Total assets: Us$8.63 Billion (2025)
- Total equity: Us$1.52 Billion (2025)
- Website: Creditacceptance.com
- Wikidata description: Auto Finance Company Providing Automobile Loans And Other Related Financial Products
- Wikidata label: Credit Acceptance
- Wikidata aliases: Credit Acceptance, Credit Acceptance Corporation
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