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Credit Acceptance Corp

2D5:FRA

Credit Acceptance Corp

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  • Price (EUR)452.00
  • Today's Change-18.00 / -3.83%
  • Shares traded-1.00
  • 1 Year change+16.49%
  • Beta--
Data delayed at least 15 minutes, as of May 16 2024.
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About the company

Credit Acceptance Corporation is engaged in offering that enable automobile dealers to sell vehicles to consumers. The Company’s financing programs are offered through a nationwide network of automobile dealers. Its loan portfolio consists of two portfolio segments: dealer loans and purchased loans. The Company offers two programs: the Portfolio Program and the Purchase Program. Under the Portfolio Program, the Company advances money to dealers in exchange for the right to service the underlying consumer loans. Under the Purchase Program, the Company buys the consumer loans from the dealers and keeps all amounts collected from the consumer. Its target market consists of approximately 60,000 independent and franchised automobile dealers in the United States. The Company has market area managers located throughout the United States that market its programs to dealers, enroll new dealers, and support active dealers.

  • Revenue in USD (TTM)1.96bn
  • Net income in USD250.90m
  • Incorporated1972
  • Employees2.23k
  • Location
    Credit Acceptance Corp25505 W 12 Mile RdSOUTHFIELD 48034-1846United StatesUSA
  • Phone+1 (248) 353-2700
  • Fax+1 (248) 353-9776
  • Websitehttps://www.creditacceptance.com/
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