Credit Acceptance (NASDAQ: CACC)
Credit Acceptance Return vs. S&P
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Credit Acceptance Company Info
Credit Acceptance Corp. engages in the provision of dealer financing programs that enables automobile dealers to sell vehicles to consumers, regardless of its credit history. Its financing programs are offered through a nationwide network of automobile dealers who benefit from sales of vehicles to consumers. The company was founded by Donald A. Foss in 1972 and is headquartered in Southfield, MI.
News & Analysis
Why Credit Acceptance Stock Fell 17.9% This Week
The auto lender got hit with some bad news on the legal front.
Wells Fargo Is the Canary In the Coal Mine for Subprime Auto Lenders
The big bank has stopped making car loans through most independent auto dealers, which suggests that lenders more reliant on auto loans are headed for trouble.
The Auto Loan Market Is Facing a Meltdown, and These 3 Stocks Could Get Burned
The coronavirus outbreak could act as the breaking point for a consumer loan business that was already being stretched thin.
This Subprime Auto Lender Is Up 37% in 2018 -- Here's Why
Strong performance has driven this subprime lender higher, but will it continue?
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Valuation
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