Credit Acceptance Corp.'s net income fell 42 percent to $127.3 million during the fourth quarter, a decline driven primarily by a need to set more money aside for potential credit losses in light of ...

Andrew Left‘s Citron Research reversed course on Credit Acceptance Corporation CACC Wednesday. The short-seller-turned-bull ...

Economic indicators provide a mixed perspective: consumer confidence is declining, and interest rates are high. On the flip side, we observe growth catalysts: decreased used car prices and the ...

Credit Acceptance Corporation CACC is well-poised for top-line growth, supported by decent demand for auto loans and an increase in dealer enrollments and active dealers. However, elevated expenses, ...

Shares of subprime auto giant Credit Acceptance Corp CACC tumbled about 12% on Wednesday after New York Attorney General Letitia James and a key U.S. consumer watchdog sued the lender, saying it has ...

Credit Acceptance responded to a robust lawsuit brought by the Consumer Financial Protection Bureau and the New York attorney general on Wednesday triggered by an investigation that began in May 2019.

Southfield-based Credit Acceptance Corp., which made its mark offering auto loans to those who have bad credit and might not qualify for an auto loan otherwise, is accused by regulators of making ...