Credit Acceptance Corporation (NASDAQ (GM): CACC)
Southfield, MI 48034-8339 (Map) Phone: 248-353-2700
Fax: 248-827-8553
Toll Free: 800-634-1506
http://www.creditacceptance.com
Overview
In the world of Credit Acceptance Corporation (CAC), to purchase a car is not an impossible dream for problem borrowers -- just an expensive reality. Working with more than 3,000 independent and franchised automobile dealers in the US, CAC provides capital for auto loans to people with substandard credit. The company also provides other services to dealers, including payment servicing, receivables management, marketing, and service contracts. It originates more than 1.7 million loans per year; Texas is the company's largest market. Founder and chairman Donald Foss owns more than 60% of Credit Acceptance.
Sample Overview & HistoryKey Numbers from Hoover's UK
Key financials for Credit Acceptance Corporation (NASDAQ (GM): CACC)
| Company Type | Public (NASDAQ (GM): CACC) |
|---|---|
| Fiscal Year-End | December |
| 2008 Sales (mil.) | £215.6 |
| 1-Year Sales Growth | 30.1% |
| 2008 Net Income (mil.) | £46.4 |
| 1-Year Net Income Growth | 22.3% |
| 2008 Employees | 1,048 |
| 1-Year Employee Growth | 7.9% |
Key People from Hoover's UK
Key people and executives for Credit Acceptance Corporation (NASDAQ (GM): CACC)
| Chairman | Donald A. Foss (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| CEO and Director | Brett A. Roberts Connect to this executive |
| President | Steven M. Jones Connect to this executive |
Top Competitors from Hoover's UK
Top competitors of Credit Acceptance Corporation (NASDAQ (GM): CACC)
There are 15 competitors for Credit Acceptance; see more.Industry Information from Hoover's UK
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Hoover's Industries
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Financial Services
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Lending
- Auto Lending(primary)
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Lending
