Credit Acceptance Announces Timing of First Quarter 2020 Results and Webcast
May 21 2020 - 4:05PM
Credit Acceptance Corporation (Nasdaq: CACC) (referred to as
the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced
today that we expect to issue a news release with our first quarter
2020 results on Wednesday, May 27, 2020, after the market
closes.
A webcast is scheduled for Wednesday, May 27,
2020, at 5:00 p.m. Eastern Time to discuss first quarter 2020
results. The webcast can be accessed live by visiting the
“Investor Relations” section of our website at
ir.creditacceptance.com or by dialing 877-303-2904.
Additionally, a replay and transcript of the webcast will be
archived in the “Investor Relations” section of our
website.
Description of Credit Acceptance
Corporation
Since 1972, Credit Acceptance has offered
financing programs that enable automobile dealers to sell vehicles
to consumers, regardless of their credit history. Our
financing programs are offered through a nationwide network of
automobile dealers who benefit from sales of vehicles to consumers
who otherwise could not obtain financing; from repeat and referral
sales generated by these same customers; and from sales to
customers responding to advertisements for our financing programs,
but who actually end up qualifying for traditional financing.
Without our financing programs, consumers are often unable to
purchase vehicles or they purchase unreliable ones. Further,
as we report to the three national credit reporting agencies, an
important ancillary benefit of our programs is that we provide
consumers with an opportunity to improve their lives by improving
their credit score and move on to more traditional sources of
financing. Credit Acceptance is publicly traded on the Nasdaq
Stock Market under the symbol CACC. For more information,
visit creditacceptance.com.
Investor Relations: Douglas W. Busk
Senior Vice President and Treasurer
(248) 353-2700 Ext. 4432
IR@creditacceptance.com
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