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Credit Acceptance Corp CACC

Financial Services Credit Services
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

Credit Acceptance Corp
Bullboard Posts
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Post by Chris333on Jan 10, 2019 11:36am
135 Views
Post# 29212501

This company wants dealerships to give their cars away.

This company wants dealerships to give their cars away. 2011 Ford making almost 5000 profit and the front end profit is 555. Ill pass.
Bullboard Posts
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