Credit Acceptance Corp

NASDAQ:CACCUnited States

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.

Contact Information

Headquarters

25505 W 12 Mile RdSOUTHFIELD, MI, United States 48034-1846

Phone

248-353-2700

Fax

248-353-9776

Executives

Independent Chairman of the Board, Lead Director

Thomas Tryforos

President, Chief Executive Officer, Director

Kenneth Booth

Chief Financial Officer

Jay Martin

Chief Operating Officer

Jonathan Lum

Chief People Officer

Wendy Rummler