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Credit Acceptance

Credit Acceptance

Total Loans

$4.3 B

Q2, 2017

Revenue

$1.9 B

FY, 2021

Market Capitalization

$6.9 B

2022-11-18

Credit Acceptance Summary

Company summary

Overview
Credit Acceptance Corporation is an auto finance company providing automobile loans and other related financial products. The Company operates this financial program through a national network of dealer-partners, the automobile dealers participating in the programs. Credit Acceptance operates two programs: the "Portfolio Program" and the "Purchase Program". Through these programs, the Company can advances money to automobile dealers in exchange for the right to service the underlying consumer loans and can buy the consumer loans from automobile dealers.
Type
Public
Status
Active
Founded
1972
HQ
Southfield, MI, US | view all locations
Website
https://www.creditacceptance.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Operating MetricsView all

Total Loans, units

330.7K
10.9%

FY, 2016

Dealers

7.6K
6.3%

Q2, 2017

Total Loans

$4.3B
21.2%

Q2, 2017

LocationsView all

6 locations detected

  • Southfield, MI HQ

    United States

    25505 West 12 Mile Road

  • Henderson, NV

    United States

    Henderson, NV, USA

  • New York, NY

    United States

    New York, NY, USA

  • WA

    United States

  • Detroit, MI

    United States

Credit Acceptance Financials

Summary financials

Revenue (Q3, 2022)
$460.3M
Net income (Q3, 2022)
$86.8M
Cash (Q3, 2022)
$10.7M
Enterprise value
$10.7B

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