Credit Acceptance Corporation (CACC) NASDAQ

506.23

+7.44(+1.49%)

Updated at July 21 11:54AM

Currency In USD

Credit Acceptance Corporation

Address

25505 West Twelve Mile Road

Southfield, MI 48034-8339

United States of America

Phone

248 353 2700

Sector

Financial Services

Industry

Financial - Credit Services

Employees

2431

First IPO Date

June 05, 1992

Key Executives

NameTitlePayYear Born
Mr. Kenneth S. BoothChief Executive Officer, President & Director1.02M1967
Mr. Ravi Mohan ValiyaveettilChief Technology Officer95,5091973
Ms. Wendy A. RummlerChief People Officer427,3121977
Mr. Jay D. MartinChief Financial Officer533,6381975
Mr. Jonathan L. LumChief Operating Officer578,2411977
Mr. Andrew K. RostamiChief Marketing & Product Officer617,8861980
Mr. Arthur L. SmithChief Analytics Officer718,2371973
Mr. Daniel A. UlatowskiChief Sales Officer718,2411972
Mr. Nicholas J. ElliottChief Alignment Officer01978
Ms. Erin J. KerberChief Legal Officer, Chief Compliance Officer & Secretary01980

Description

Credit Acceptance Corporation provides financing programs, and related products and services to independent and franchised automobile dealers in the United States. The company advances money to dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps various amounts collected from the consumers. It is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company. The company was founded in 1972 and is headquartered in Southfield, Michigan.