Credit Acceptance Corp.
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About Credit Acceptance Corp.
Credit Acceptance Corp is a consumer finance company that specializes in automobile loans. These loans are offered through a U.S. nationwide network of automobile dealers that benefit from sales of vehicles to consumers who could otherwise not obtain financing. The company also benefits from repeat and referral sales, and from sales to customers responding to advertisements for financing, but qualify for traditional financing. The company derives its revenue from finance charges, premiums earned on the reinsurance of vehicle service contracts, and other fees. Of these, financing charges, including servicing fees, are by far a source of revenue.
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Frequently asked questions
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The ticker symbol for Credit Acceptance Corp. is CACC:xnas. You can use this code to quickly find the stock in Saxo’s platforms and track its price and performance.
Credit Acceptance Corp. has its primary listing on NASDAQ. You can trade Credit Acceptance Corp. with a Saxo account, alongside thousands of other stocks worldwide.
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