Credit Acceptance Corporation (NASDAQ: CACC)
Southfield, MI 48034-8339 (Map) Phone: 248-353-2700
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 typically funds around 1.5 million loans per year; Michigan, New York, Texas, Ohio, and Mississippi are the company's largest markets. Founder and chairman Donald Foss owns more than 50% of CAC.
Sample Overview & HistoryKey Numbers from Hoover's UK
Key financials for Credit Acceptance Corporation (NASDAQ: CACC)
| Company Type | Public (NASDAQ: CACC) |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | £285.8 |
| 1-Year Sales Growth | 16.1% |
| 2010 Net Income (mil.) | £109.9 |
| 1-Year Net Income Growth | 16.3% |
| 2010 Employees | 862 |
| 1-Year Employee Growth | (5.4%) |
Key People from Hoover's UK
Key people and executives for Credit Acceptance Corporation (NASDAQ: CACC)
| Chairman | Donald A. Foss (Subscribers see complete biographies -- view sample)
|
|---|---|
| CEO and Director | Brett A. Roberts |
| President | Steven M. Jones |
Top Competitors from Hoover's UK
Top competitors of Credit Acceptance Corporation (NASDAQ: CACC)
There are 14 competitors for Credit Acceptance; see more.Industry Information from Hoover's UK
First Research Industry Profiles Extensive Industry Intelligence
Hoover's Industries
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Financial Services
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Lending
- Auto Lending(primary)
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Lending
Rankings from Hoover's UK
See how Credit Acceptance Corporation (NASDAQ: CACC) ranks in standard industry listings such as Fortune 500, S&P 500, and Dow Jones
