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Credit Acceptance's Overview

Total employees2162
HeadquartersSouthfield
Founded1972

Credit Acceptance Corporation (NASDAQ: CACC) is a prominent American auto finance company specializing in providing financing programs to automobile dealers. These programs are designed to enable dealers to sell vehicles to consumers with a wide range of credit histories, including those with limited or poor credit. Founded in 1972, Credit Acceptance has established itself as a key player in the subprime auto lending market. Their core business model involves advancing money to dealers (Dealer Loans) in exchange for the right to service the underlying consumer loans. This allows car buyers, who might otherwise be unable to secure financing, to purchase vehicles, thereby expanding the customer base for participating dealerships. The company's programs aim to help consumers build or rebuild their credit while providing dealers with a tool to increase sales. Credit Acceptance is known for its focus on risk management and its proprietary credit approval system.

Where is Credit Acceptance's Headquarters?

HQ Function

The headquarters serves as the central hub for corporate leadership, strategic planning, national operations management, finance and accounting, legal and compliance, information technology, and human resources for Credit Acceptance's nationwide auto financing programs.

Notable Features:

The Southfield headquarters is a modern office facility designed to accommodate a large corporate staff. While specific architectural awards are not publicly emphasized, it is a functional and professional environment tailored to the needs of a major financial services company.

Work Culture:

The work culture at Credit Acceptance's headquarters is often described as dynamic, results-driven, and emphasizing compliance, which is typical for the financial services sector. The company promotes its 'PRIDE' values: Positive, Respectful, Insightful, Direct, and Earnest, aiming to foster a collaborative and ethical workplace.

HQ Significance:

The Southfield headquarters is strategically important due to its location in the Metro Detroit area, the historical center of the U.S. automotive industry. This provides access to a relevant talent pool and maintains connections within the broader automotive ecosystem.

Values Reflected in HQ: The headquarters' design and operations likely reflect company values such as professionalism, operational efficiency, technological integration, and stability – all crucial for a leading financial institution. The PRIDE values are intended to be integral to the daily experience.

Location:

Credit Acceptance's operations and services are primarily focused on the United States market. The company provides auto financing programs to automobile dealers and consumers across the U.S. It does not have a significant physical or operational presence in international markets for its core auto finance business.

Street Address:

25505 West Twelve Mile Road

City:

Southfield

State/Province:

Michigan

Country:

USA

Credit Acceptance's Global Presence

Buying Intent Signals for Credit Acceptance

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Credit Acceptance

As of April 2025, Credit Acceptance' leadership includes:

Kenneth S. Booth - Chief Executive Officer
Jay R. Martin - Chief Financial Officer
Douglas W. Busk - Chief Treasury Officer
Daniel A. Ulatowski - Chief Sales Officer
Charles A. Pearce - Chief Legal and Compliance Officer

Investors of Credit Acceptance

Credit Acceptance has been backed by several prominent investors over the years, including:

The Vanguard Group, Inc.
BlackRock Fund Advisors
Prescott General Partners LLC
Ruane, Cunniff & Goldfarb L.P.
Dimensional Fund Advisors LP
FMR LLC (Fidelity)

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

The top executive team at Credit Acceptance (CEO, CFO, and other C-level officers as listed on their investor relations page) has shown stability over the past 12 months, with no major publicly announced hires or departures at this highest leadership tier reported in SEC filings or major press releases.

Technology (Tech Stack) used by Credit Acceptance

Discover the tools Credit Acceptance uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Credit Acceptance Email Formats and Examples

Credit Acceptance typically uses a consistent email format for its employees, which is common in corporate environments. The most prevalent format appears to be the first initial followed by the last name.

firstinitiallast@creditacceptance.com

Format

kbooth@creditacceptance.com (example for Kenneth Booth)

Example

90%

Success rate

News and media

Credit Acceptance Investor RelationsApril 29, 2024

Credit Acceptance Announces First Quarter 2024 Results

Credit Acceptance reported its financial results for the first quarter ended March 31, 2024. Key highlights included GAAP net income of $70.6 million, adjusted net income of $84.3 million, and updates on loan origination volumes and credit performance trends....more

Credit Acceptance Q1 2024 Earnings ReleaseApril 29, 2024

Credit Acceptance Details Share Repurchase Activity in Q1 2024

In conjunction with its Q1 2024 earnings, Credit Acceptance disclosed that it repurchased 117,351 shares of its common stock during the quarter at a weighted average price of $470.55 per share, as part of its ongoing capital return strategy....more

Zacks Equity ResearchJune 10, 2024

Credit Acceptance (CACC) Stock Sinks As Market Gains: What You Should Know

Zacks Equity Research highlighted Credit Acceptance's stock performance on June 10, 2024, noting its decline in contrast to broader market gains. The report touched on potential factors influencing CACC's trading activity and investor sentiment....more

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