Credit Acceptance Corp
Company Profile
Business description
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.
Contact
25505 West Twelve Mile Road
SouthfieldMI48034-8339
USAT: +1 248 353-2700
Sector
Financial Services
Stock type
Cyclical
Industry
Credit Services
Fiscal Year End
31 December 2026
Employees
2,314
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