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Credit Acceptance Corp CACC

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.


NDAQ:CACC - Post by User

Post by whytestockson Feb 01, 2024 3:30pm
52 Views
Post# 35857905

Credit Acceptance Corp. (NASDAQ: CACC) is a Leading Gainer i

Credit Acceptance Corp. (NASDAQ: CACC) is a Leading Gainer i
JUST IN: $CACC Credit Acceptance Corp. (NASDAQ: CACC) is a Leading Gainer in Thursday Morning TradingCredit Acceptance Corporation (NASDAQ: CACC) is one of today's top gainers. The company's shares have moved -1.88% on the day to $396.98. Credit Acceptance Corporation provides financing programs, and related products and services to independent and franchised automobile dealers in the United ...CACC - Credit Acceptance Corp. (NASDAQ: CACC) is a Leading Gainer in Thursday Morning Trading

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