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Personal Finance

CACC logo Credit Acceptance : CACC

Price Target $591 ↓5.3%
›

CACC

Stock Data

$627.11

Change down

$1.85 (0.29%)

Asset Type

Common Stock

Exchange

NASDAQ

Currency

USD

Country

USA

Sector

FINANCIAL SERVICES

Industry

CREDIT SERVICES

Credit Acceptance Corp provides financing solutions and related services primarily for the automotive sector in the United States. It supports car dealers by advancing money in exchange for the right to service consumer loans and also purchases these loans. Additionally, it offers reinsurance for vehicle service contracts. This company, which started in 1972 and is based in Southfield, Michigan, primarily collaborates with independent and franchised car dealers to facilitate vehicle financing for consumers.

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