Credit Acceptance Corporation announced that it will release its fourth quarter 2025 earnings on January 29, 2026, after market close, followed by a webcast at 5:00 p.m. Eastern Time. The company will discuss results through both telephone and webcast access, with registration required for telephone participation.

Credit Acceptance Corporation has been named to the 2024 list of Top Workplaces for Remote Work, ranking #2 out of 54 companies in the 500-plus employee-size category. The company's remote-first policy, strong culture, and recognition as a top workplace have contributed to this achievement.

Credit Acceptance Corporation, a provider of innovative financing solutions for automobile dealers, has completed a $600.0 million asset-backed non-recourse secured financing. The financing will be used to repay outstanding indebtedness and for general corporate purposes.

The article discusses five financial stocks that may be overbought and could potentially collapse in the near future, based on their RSI (Relative Strength Index) levels.

Southfield, Michigan, June 26, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named a Most Loved Workplace® for 2024 in several categories by the Best Practice Institute (BPI). These lists honor organizations that set a new standard for workplace excellence and demonstrate the power of a culture that fuels overall employee well-being, psychological safety, retention, and performance.

Southfield, Michigan, June 21, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we have increased the amount of the asset-backed non-recourse secured financing that we entered into on December 15, 2022 (the “Financing”) and to which we refer as Term ABS 2022-2 from $200.0 million to $300.0 million. Under the amendment effecting the increase and extension, the date on which the Financing will cease to revolve has been extended from December 15, 2025 to June 15, 2027.

Southfield, Michigan, June 20, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $550.0 million asset-backed non-recourse secured financing (the “Financing”). Pursuant to this transaction, we conveyed loans having a value of approximately $687.7 million to a wholly-owned special purpose entity which will transfer the loans to a trust, which will issue three classes of notes:

Southfield, Michigan, June 20, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) was named one of U.S. News’ Best Companies to Work For. In addition, the Company was named one of the Best in Financial Services and Best Companies in the Midwest, placing it in the top 25% of companies in each industry and region.

Southfield, Michigan, June 17, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we have extended the maturity of our revolving secured line of credit facility with a commercial bank syndicate from June 22, 2026 to June 22, 2027. The interest rate on borrowings under the facility has changed from the Bloomberg Short-Term Bank Yield Index rate plus 187.5 basis points to the Secured Overnight Financing Rate plus 197.5 basis points.

Credit Acceptance's (CACC) revenues will likely continue to improve, supported by decent increases in dealer enrollments and active dealers. Yet, elevated costs might hurt profits.

Improvement in revenues, driven by robust bond issuance volume and demand for analytics, aid Moody's (MCO) Q1 earnings.

Higher revenues, mainly driven by solid market performance and higher rates, are expected to have supported Robinhood's (HOOD) Q1 earnings.