Credit Acceptance Corporation beats earnings expectations ... a toll on their credit and their transportation. Steven’s car broke down during his long commute to work. They tried to finance ...
TD Cowen raised the firm’s price target on Credit Acceptance (CACC) to $450 from $420 and keeps a Sell rating on the shares. The firm noted they posted a beat which was driven by lower loan loss ...
Good day, everyone and welcome to the Credit Acceptance Corporation fourth quarter ... on their credit and their transportation. Steven's car broke down during his long commute to work.
Credit Acceptance Corp (NASDAQ:CACC) financed 78,911 contracts for dealers and consumers, collected $1.3 billion overall, and paid $65 million in portfolio profit to dealers. The company received ...
A pool of subprime auto loan receivables will secure $639 million in asset-backed securities (ABS), through the American Credit Acceptance Receivables Trust, series 2025-1. All notes from the trust ...
No explicit forward-looking EPS or revenue guidance was provided. Credit Acceptance's loan portfolio reached $8.9 billion on an adjusted basis, reflecting a 15% year-over-year increase.
Steven's car broke down during his long commute to work. They tried to finance a new vehicle but dealerships turned them away due to their credit. They had to rent cars at high cost so Steven could ...
Consumer Loan Metrics Dealers assign retail installment contracts (referred to as "Consumer Loans”) to Credit Acceptance. At the time a Consumer Loan is submitted ... an advance or one-time purchase ...
According to The Washington Post, Lebryk’s departure was prompted by a clash with surrogates of billionaire Elon Musk over their attempts to gain access to sensitive department payment systems.
Credit Acceptance (CACC) came out with quarterly ... A quarter ago, it was expected that this auto financing company would post earnings of $7.88 per share when it actually produced earnings ...
A decrease in provision for credit losses of 24.6% ($40.3 million), due to: A decrease in provision for credit losses on forecast changes of $31.4 million, due to a smaller decline in Consumer Loan ...
Consumer Loan Metrics Dealers assign retail installment contracts (referred to as “Consumer Loans”) to Credit Acceptance ... advance or one-time purchase payment is made to the related ...