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Credit Acceptance
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Founded in 1972, Credit Acceptance Corporation is an indirect auto finance company that works with car dealers to enable them to sell vehicles to consumers regardless of their credit history. The company's mission is to provide credit-challenged consumers with the opportunity to purchase a vehicle and improve their lives. They operate two main programs: the Portfolio Program and the Purchase Program, both of which allow dealers to create financing options for customers who may not qualify for traditional loans. Credit Acceptance is publicly traded on the NASDAQ under the ticker symbol CACC.
United States
Industry
Financial