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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 W. Twelve Mile Road
    Southfield MI 48034-8339
    USA

    T: +1 248 353-2700

    E: IR@creditacceptance.com

    https://www.creditacceptance.com

  • Sector

    Financial Services

    Stock type

    Cyclical

  • Industry

    Credit Services

    Fiscal Year End

    31 December 2024

    Employees

    2,232

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