Credit Acceptance Honored by Crain’s Detroit Business
July 28 2020 - 4:02PM
Credit Acceptance Corporation (Nasdaq: CACC)
(referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or
“us”) has been named by Crain’s Detroit Business as one of the 50
fastest-growing companies in the Detroit area. We're honored to
receive Crain’s ‘Fast 50’ award for the seventh year in a row!
Fast 50 is based on a ranking of companies in
Crain's database of private and publicly traded companies by
percentage revenue growth between 2016 and 2019, and by dollar
revenue growth during that same period. We were ranked #8 this
year, up two places from our #10 ranking of a year ago.
This is the sixth workplace award that we’ve
received this year as we also received:
- Computerworld 100 Best Places to
Work in IT (six-time winner)
- FORTUNE 100 Best Companies to Work
For (last seven years in a row)
- Best Workplaces in Financial
Services & Insurance (last six years in a row)
- National Best and Brightest
Companies to Work For (last eight years in a row)
- 2020 Nevada Top Workplaces
About Credit Acceptance
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
Chief Treasury Officer
(248) 353-2700 Ext. 4432
IR@creditacceptance.com
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