Credit Acceptance’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Credit Acceptance, is an indirect auto finance company, working with car dealers nationwide to enable them to sell cars to consumers. Read more

Brett .A Roberts's photo - CEO of Credit Acceptance

CEO

Brett .A Roberts

CEO Approval Rating

94/100

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Consumer Portfolio Services is perceived as one of Credit Acceptance's biggest rivals. Consumer Portfolio Services's headquarters is in Irvine, California, and was founded in 1991. Consumer Portfolio Services operates in the Consumer Finance & Credit Cards industry. Consumer Portfolio Services generates 29% of Credit Acceptance's revenue.

Nicholas Financial has been one of Credit Acceptance's top competitors. Nicholas Financial is a Public company that was founded in 1985 in Clearwater, Florida. Nicholas Financial is in the Consumer Finance & Credit Cards field. Compared to Credit Acceptance, Nicholas Financial has 1,349 fewer employees.

Ally is Credit Acceptance's #3 rival. Ally was founded in Detroit, Michigan} in 1919. Ally operates in the Consumer Finance & Credit Cards industry. Compared to Credit Acceptance, Ally generates $4.9B more revenue.

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Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$1.3B

Credit Acceptance's revenue is the ranked lowest among it's top 10 competitors. The top 10 competitors average 20B. Over the last four quarters, Credit Acceptance's revenue has grown by 7.3%. Specifically, in Q2 2020's revenue was $406.3M; in Q1 2020, it was $329.8M; in Q4 2019, it was $232.9M; in Q3 2019, Credit Acceptance's revenue was $378.7M.

Acquisitions

No recent acquisitions found related to Credit Acceptance

Credit Acceptance Funding History

$385M

Since Credit Acceptance was founded in 01/1972, it has participated in 1 round of funding. In total Credit Acceptance has raised $385.0M. Credit Acceptance's funding round was on Feb 2016 for a total of $385.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Feb 2016
$385M
-

Total Funding: $385M

Since Credit Acceptance was founded in 01/1972, it has participated in 1 round of funding. In total Credit Acceptance has raised $385.0M. Credit Acceptance's funding round was on Feb 2016 for a total of $385.0M

Investments

No recent investments found related to Credit Acceptance

Credit Acceptance News

September 1, 2020Picante Today

Bernstein Liebhard is Investigating Credit Acceptance Corp. For Violations of the Securities Laws

NEW YORK-(BUSINESS WIRE)-Bernstein Liebhard, a nationally acclaimed investor rights law firm, is inve... See more »
August 31, 2020MarketScreener

The Schall Law Firm Announces it is Investigating Claims Against Credit Acceptance Corporation and Encourages Investors with Losses of $100,000 to Contact the Firm

(marketscreener.com) The Schall Law Firm, a national shareholder rights litigation firm, announces th... See more »
August 26, 2020MarketScreener

Pomerantz Law Firm Investigates Claims On Behalf of Investors of Credit Acceptance Corporation - CACC

(marketscreener.com) NEW YORK, Aug. 25, 2020 -- Pomerantz LLP is investigating claims on behalf of in... See more »
July 28, 2020MarketScreener

Credit Acceptance Honored by Crain's Detroit Business

(marketscreener.com) Southfield, Michigan , July 28, 2020 -- Credit Acceptance Corporation has been n... See more »
July 2, 2020MarketScreener

Notice of Change of Location of Annual Meeting of Shareholders

(marketscreener.com) Credit Acceptance Corporation 25505 West Twelve Mile Road Southfield, Michigan 4... See more »

Credit Acceptance Press Releases

July 23, 2020GlobeNewswire

Credit Acceptance Announces Completion of $481.8 Million Asset-Backed Financing

Southfield, Michigan, July 23, 2020 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) ... See more »
June 24, 2020GlobeNewswire

Credit Acceptance Named #18 Midsize Company in IDG's Insider Pro and Computerworld 2020 Best Places to Work in IT

Southfield, Michigan, June 23, 2020 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) ... See more »
May 5, 2020GlobeNewswire

Credit Acceptance Named to the 2020 Nevada Top Workplaces List

Southfield, Michigan, May 05, 2020 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (... See more »
March 30, 2020GlobeNewswire

Credit Acceptance Named to the 2020 Best Workplaces in Financial Services & Insurance List for the Sixth Year in a Row

Southfield, Michigan, March 30, 2020 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC)... See more »
February 20, 2020StreetInsider

Credit Acceptance Announces Completion of $500.0 Million Asset-Backed Financing

Southfield, Michigan, Feb. 20, 2020 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) ... See more »
February 19, 2020GlobeNewswire

Credit Acceptance Named to the 2020 Fortune 100 Best Companies to Work For® List by Great Place to Work® and Fortune

Southfield, Michigan, Feb. 19, 2020 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) ... See more »
February 13, 2020centralcharts

CACC) for Potential Breaches of Fiduciary Duties

Zamansky LLC announces that it is investigating Credit Acceptance Corporation (NasdaqGS: CACC) ("Cred... See more »

Credit Acceptance Videos

Headquarters

25505 W 12 Mile Rd

Southfield, Michigan48034

248-353-2700

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Summary

ABOUT

Overview

Credit Acceptance, is an indirect auto finance company, working with car dealers nationwide to enable them to sell cars to consumers. Credit Acceptance was founded in 01/1972. Credit Acceptance's headquarters is located in Southfield, Michigan, USA 48...

CEO

Credit Acceptance's CEO, Brett .A Roberts, currently has an approval rating of 94%. Credit Acceptance's primary competitors are Consumer Portfolio Services, Nicholas Financial & Ally.

Website

creditacceptance.com

Frequently Asked Questions about Credit Acceptance

  1. When was Credit Acceptance founded?

    Credit Acceptance was founded in 01/1972
  2. Who is Credit Acceptance's CEO?

    Credit Acceptance's CEO is Brett .A Roberts
  3. How much revenue does Credit Acceptance generate?

    Credit Acceptance generates $1.3B in revenue
  4. How much funding does Credit Acceptance have?

    Credit Acceptance has historically raised $385M in funding
  1. Where is Credit Acceptance's headquarters?

    Credit Acceptance's headquarters is in Southfield Michigan, USA
  2. How many employees does Credit Acceptance have?

    Credit Acceptance has 1,609 employees
  3. Who are Credit Acceptance's competitors?

    Credit Acceptance's top competitors are Consumer Portfolio Services, Nicholas Financial, Ally