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Credit Acceptance Corp.
25505 W 12 Mile Rd
Phone: (248) 353-2700p:248 353-2700 SOUTHFIELD, MI  48034-1846  United States Ticker: CACCCACC

Business Summary
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.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
Yes--YesYes--

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
12/31/202312/31/2023YesYes-YesYes

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
President, Chief Executive Officer, Director Kenneth S.Booth 55 5/3/2021 5/19/2004
Chief Financial Officer Jay D.Martin 50 1/25/2024
Chief Operating Officer Jonathan L.Lum 46 5/20/2019 5/20/2019
12 additional Officers and Directors records available in full report.

Business Names
Business Name
Buyers Vehicle Protection Plan, Inc
CAC International Holdings, LLC
CAC of Canada Company
48 additional Business Names available in full report.

General Information
Number of Employees: 2,232 (As of 12/31/2023)
Outstanding Shares: 12,302,955 (As of 2/1/2024)
Shareholders: 75
Stock Exchange: NASD
Federal Tax Id: 381999511
Fax Number: (248) 353-9776
Email Address: infosys1@credaccept.com


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Wednesday, April 24, 2024