Founded in 1972 and headquartered in Houston, Texas, Automobile Acceptance Corporation (AAC) specializes in providing financing solutions for consumers with limited or challenging credit histories. The company operates by purchasing retail installment contracts from a network of franchised and independent automobile dealers across the United States. AAC's business model is centered on serving the subprime auto lending market, enabling dealers to sell vehicles to a broader customer base while managing the associated credit risk.

Founded in

United States