Credit Acceptance Corp (CACC) Shares Fall 3.6% -- What GF Score of 84 Tells Investors
Credit Acceptance Corp (CACC) saw its shares fall by 3.6% to $511.95, a price considered undervalued by GuruFocus's GF Value estimate of $613.98. Despite a strong GF Score of 84/100, indicating solid fundamentals, significant insider selling of $86.8 million without any buying activity and a moderate financial strength rating of 4/10 raise concerns for potential investors. The stock's current P/E ratio of 11.3x is below its 5-year median, suggesting a lower valuation compared to historical averages.
Credit Acceptance Is Wiping Out $634 Million in Car Debt. Here’s Who Qualifies, and What the Next Loan Looks Like.
Credit Acceptance Corporation has agreed to cancel an estimated $634 million in auto debt for over 55,000 borrowers, resolving a lawsuit initiated by the New York Attorney General and the Consumer Financial Protection Bureau. The settlement also introduces new rules for subprime auto lending, including caps on sticker prices, limits on loan length, requirements for disclosing add-on products, and automatic forgiveness for certain high-risk contracts. Borrowers whose loans meet specific criteria will be notified directly and should watch for communications regarding their eligibility and the impact on their credit reports and vehicle titles.
Credit Acceptance Corporation (CACC) Stock Price, News, Quote & History
This article provides detailed financial information for Credit Acceptance Corporation (CACC), including its current stock price, historical performance, key financial metrics, and analyst ratings. It outlines the company's business model in credit services for automobile financing and presents data on earnings trends and valuation measures.
Trust sale notices cover up to 92,737 Credit Acceptance (NASDAQ: CACC) shares; one trust lists a September date.
The Jill Foss Watson Living Trust proposes to sell 12,000 common shares of Credit Acceptance Corp (CACC), valued at $6,660,000, with an approximate sale date of September 25, 2026. This is part of a larger set of related trust sale notices covering an aggregate of up to 92,737 shares. Jill Foss Watson is identified as a trustee and a 10% holder of CACC.
State reaches settlement with Credit Acceptance Corp. over predatory auto loans
The state of Hawaii announced a settlement with Credit Acceptance Corporation (CAC) regarding predatory auto loans. If approved, eligible Hawaii consumers will receive nearly $830,000 in debt forgiveness and $115,000 in cash restitution, part of a larger nationwide settlement. The agreement also mandates reforms to CAC's lending practices, including enhanced disclosures, processes to prevent unwanted add-ons, and a price cap on vehicle sales for certain consumers.
NY Attorney General and 39 States Secure $700M Settlement with Credit Acceptance Corp
New York Attorney General Letitia James and a coalition of 39 states plus D.C. have reached a $700 million settlement with subprime auto lender Credit Acceptance Corporation (CAC) over allegations of predatory lending and deceptive sales practices. The settlement includes over $630 million in debt relief for more than 55,000 consumers, $60 million in restitution for repossessed cars, and $15.5 million in penalties to the states. CAC, while admitting no fault, has agreed to implement clearer consumer disclosures, enhanced affordability protections, and stricter dealer oversight.
Credit Acceptance settlement brings new product and price disclosures for dealers, but loan approvals shouldn’t change
A recent settlement involving Credit Acceptance will introduce new product and price disclosures for car dealerships. Despite these changes aimed at transparency, the core loan approval process is expected to remain largely unaffected. Credit Acceptance is a major player in the used-vehicle loan market, and this settlement will impact dealers working with the company.
Could you get debt relief from Credit Acceptance car loan deal?
A multistate settlement between Credit Acceptance Corp. and 41 attorneys general will provide $694 million in cash and debt relief to eligible consumers with subprime car loans. The settlement addresses allegations that the company offered predatory, high-cost deals, knowing many borrowers could not afford them. While Credit Acceptance denies wrongdoing, the deal includes debt forgiveness for some loans, changes to debt collection practices, and new consumer protections against deceptive add-on products.
Credit Acceptance will wipe out $634 million in car loan debt in a new multistate settlement.
Credit Acceptance has reached a $710 million multistate settlement with attorneys general, including $634 million in debt forgiveness for subprime auto loans. The settlement addresses allegations that the lender provided unaffordable loans to borrowers with poor credit. Additionally, the company will pay $60 million in restitution to consumers and implement new restrictions on future lending practices for the next five to seven years.
Attorney General Jay Jones Announces $694 Million Settlement with Subprime Auto Lender Credit Acceptance Corporation
Virginia Attorney General Jay Jones announced a $694 million settlement with Credit Acceptance Corporation (CAC), a subprime auto lender, alongside 40 other states. The agreement provides $19 million for Virginia, including $2 million in restitution for impacted Virginians and over $17 million in debt relief. The settlement addresses allegations of originating unaffordable loans and deceptive practices regarding unwanted add-on products, aiming to reform CAC's lending practices and provide consumer protections.
LOANS—Credit Acceptance to provide $700 million in debt relief, restitution, and penalties (Sep 18, 2026)
Credit Acceptance Corporation has agreed to provide $700 million in debt relief, restitution, and penalties. This settlement addresses allegations of deceptive lending practices. The agreement aims to compensate affected consumers and impose financial penalties on the company.
Credit Acceptance Settlement Cancels Car-Loan Debt for 60 Vermonters and Caps What Its Dealers Can Charge Buyers With Bad Credit
A settlement with Credit Acceptance Corp., one of the largest lenders for car buyers with poor credit, will cancel approximately $462,871 in car-loan debt for 60 Vermonters and repay $124,841 to 87 others. The agreement, involving New York's attorney general and 40 other states, also mandates new rules for Credit Acceptance dealers, including price caps for risky borrowers, disclosure of falling-behind odds, and debt forgiveness for early repossessions. Nationally, the deal erases about $634 million in debt for over 55,000 borrowers.
Arkansas AG enters multistate $694 million settlement with Credit Acceptance Corporation
Arkansas Attorney General Tim Griffin announced the state's participation in a $694 million multistate settlement with Credit Acceptance Corporation. This agreement, involving 35 states and the District of Columbia, resolves allegations of deceptive loan servicing practices. Under the settlement, Credit Acceptance Corporation will provide restitution to over 15,000 Arkansas consumers, totaling over $11.6 million in debt relief, and must adhere to new terms for future loan originations and collections.
Subprime auto lender agrees to $710M settlement with states
Credit Acceptance Corp., a major subprime auto lender, has reached a $710 million settlement with 41 states over allegations of trapping low-income car buyers in high-risk loans designed to fail. The settlement includes $60 million in cash restitution for consumers, $388 million in debt relief for repossessed vehicles, and an additional $246 million in debt relief for current borrowers. The agreement also imposes strict operating restrictions on the company, including capping vehicle prices and monitoring dealer networks.
Credit Acceptance reaches $710 million predatory auto lending settlement with most US states
Credit Acceptance Corp (CACC.O) has agreed to a $710 million settlement with 40 U.S. states and Washington, D.C., resolving charges of predatory auto lending practices. The agreement includes forgiving $634 million in debt for over 55,000 borrowers, paying $60 million in restitution, and a $15.5 million penalty, while also requiring the company to change its lending practices. The company denied wrongdoing but called the settlement "constructive" and "customer-focused."
Credit Acceptance extends warehouse facility to 2028 By Investing.com
Credit Acceptance Corporation announced the extension of its $500 million revolving secured warehouse facility's revolving period to September 15, 2028, with a decreased interest rate. The company also extended its $500 million asset-backed non-recourse secured financing (Term ABS 2019-2) to the same date, though the interest rate for this facility increased. Credit Acceptance provides financing solutions for automobile dealers to sell vehicles to consumers with varied credit histories.
Is the Options Market Predicting a Spike in Credit Acceptance Stock?
The options market suggests a potential spike in Credit Acceptance (CACC) stock, with high implied volatility observed in its Oct 16, 2026 $220 Put options. This indicates investors anticipate significant price movement, possibly due to an upcoming event. Analysts currently rate CACC as a Zacks Rank #3 (Hold), with recent upward revisions in earnings estimates, adding to the intrigue around the stock's future performance.
Credit Acceptance Closes $600 Million Non-Recourse ABS at ~5.5% Expected Cost
Credit Acceptance has secured a $600 million asset-backed, non-recourse secured financing to boost liquidity and refinance existing higher-cost debt. The company transferred approximately $750.2 million of consumer loans into a trust that issued three classes of notes, with an anticipated average annualized cost of about 5.5%. This facility includes a 24-month revolving period and allows Credit Acceptance to receive a 4.0% servicing fee.
5 Questions with … Credit Acceptance CFO Joe Billante
Joe Billante, the new CFO of Credit Acceptance Corp., is focusing on AI, alternative data, and stronger dealer collaborations. Billante recently joined the subprime lender after serving as CFO at Barracuda and holding leadership roles at eBay and General Electric. This article highlights his immediate priorities and background in the auto finance sector.
The Bull Case For Credit Acceptance (CACC) Could Change Following New US$600 Million ABS Financing Deal
Credit Acceptance Corporation recently completed a US$600 million asset-backed financing deal, transferring US$750.2 million in consumer loans to a trust. This transaction lowers funding costs and increases financial flexibility, providing US$1.80 billion in unused borrowing capacity. While this deal strengthens the company's financial position, investors are still focused on improving loan performance and managing credit risks through technological advancements and analytics.
Credit Acceptance (CACC) ex-director plans stock sale after multimillion trades
Former Credit Acceptance (CACC) director Kenneth Booth has filed a Form 144 notice to sell up to 2,500 shares of common stock, valued at $1,510,000.00, through Fidelity Brokerage Services LLC. This planned sale follows a stock option exercise and two prior large sales within the last three months, totaling over $3.8 million. The filing details the transaction and provides context on Rule 144 and stock option exercises.
Credit Acceptance ex-director to sell $856K in stock | CACC SEC Filing - Form 144
A former director of Credit Acceptance (NASDAQ: CACC), Kenneth S. Booth, has filed a Form 144 indicating a proposed sale of 1,453 shares of common stock, valued at approximately $855,817, following a stock option exercise. This filing also discloses previous sales by Mr. Booth within the last three months, totaling 4,000 shares for $2.296 million and 2,547 shares for $1.51 million. The sale is expected to occur on August 21, 2026, through Fidelity Brokerage Services LLC on the NASDAQ market.
Credit Acceptance Announces Completion Of $600.0 Million Asset-Backed Financing
Credit Acceptance Corporation has completed a $600.0 million asset-backed financing, matching its largest ABS transaction historically. The financing involved conveying $750.2 million worth of loans into a trust that issued three classes of notes, with an expected average annualized cost of approximately 5.5%. The funds will be used to repay higher-cost debt and for general corporate purposes, while maintaining strong borrowing capacity.
Credit Acceptance completes $600 million securitization
Credit Acceptance Corporation announced the completion of a $600 million asset-backed non-recourse secured financing, conveying $750.2 million in loans to a trust which issued three classes of notes. This financing, matching their largest ABS transaction, will be used to repay higher-cost debt and for general corporate purposes. The company reported strong investor demand, achieving its lowest credit spreads since late 2021.
Credit Acceptance matches its largest-ever $600 million loan-backed deal
Credit Acceptance Corporation (Nasdaq: CACC) has completed a $600 million asset-backed, non-recourse secured financing, its largest such deal to date. This financing is supported by $750.2 million in consumer loans transferred to a special purpose entity and then to a trust, issuing three classes of notes with varying average lives and coupon rates. The proceeds will be used to repay higher-cost debt and for general corporate purposes, with an expected average annualized cost of approximately 5.5%.
Credit Acceptance Announces Completion Of $600.0 Million Asset-Backed Financing
Credit Acceptance Corporation announced the completion of a $600.0 million asset-backed non-recourse secured financing. This transaction involved conveying $750.2 million in loans to a special purpose entity, which will issue three classes of notes. The financing, with an expected average annualized cost of 5.5%, will be used to repay higher-cost debt and for general corporate purposes, while maintaining strong liquidity.
Credit Acceptance Named One of PEOPLE Magazine’s 100 Companies That Care® for Fifth Consecutive Year
Credit Acceptance Corporation has been recognized by PEOPLE Magazine and Great Place To Work® as one of the 100 Companies That Care® for the fifth consecutive year, ranking 11th. The company's CEO, Vinayak Hegde, highlighted their commitment to treating people with respect and making a positive community impact through various initiatives, including philanthropic efforts and supporting team members. This recognition follows other workplace awards, including a high ranking on Fortune's 100 Best Companies to Work For® list.
Credit Acceptance Corporation (CACC): Neary reports 6.3% stake via trust on Schedule 13G/A
John P. Neary, as co-trustee of the Marital Trust U/A Donald A. Foss Trust, has reported a beneficial ownership of 652,797 shares of Credit Acceptance Corporation (CACC) common stock. This stake represents 6.3% of the company's outstanding shares, with all voting and dispositive authority over these shares being shared. The filing is an amended passive investment disclosure (Schedule 13G/A), indicating no intent to change or influence the control of the issuer.
Credit Acceptance Corp (CACC) Technical Analysis: Support, Resistance, Indicators & Moving Averages
This article provides a technical analysis of Credit Acceptance Corp (CACC), detailing its current price momentum score, support and resistance levels, and indicator readings. It shows a neutral signal based on technical indicators but strong buy signals from moving averages. The analysis helps investors understand CACC's short-term trading potential within a defined range.
Credit Acceptance names former Amazon AI executive as CTO
Credit Acceptance Corporation announced the appointment of Jeetu Mirchandani, a former Amazon AI executive, as its new Chief Technology Officer, effective August 27, 2026. Mirchandani brings over two decades of technology leadership from Amazon, where he specialized in applied AI, supply chain technology, personalization, and e-commerce. In his new role, he will lead Credit Acceptance's engineering organization and technology strategy, aiming to leverage his extensive experience for the automotive financing solutions provider.
Credit Acceptance Announces New Chief Technology Officer to Advance Digital-First, AI-Enabled Business Evolution
Credit Acceptance Corporation (CACC) has appointed Jeetu Mirchandani as its new Chief Technology Officer, effective August 27, 2026. Mirchandani, with over two decades of leadership experience at Amazon, will spearhead the company's engineering and technology strategy, focusing on accelerating its digital-first, AI-enabled evolution. This strategic hire aims to enhance customer and dealer experiences and drive long-term shareholder value through innovation and advanced AI applications.
Amazon’s Applied AI Head Will Join Credit Acceptance Aug. 27
Credit Acceptance (Nasdaq: CACC) has appointed Jeetu Mirchandani, a veteran technology and AI executive from Amazon, as its new Chief Technology Officer, effective August 27, 2026. Mirchandani will lead the company's Engineering organization and technology strategy to accelerate its digital-first, AI-enabled evolution. His extensive background at Amazon includes leading large-scale engineering and AI teams, influencing AI transformation strategy, and contributing to significant business impacts through automation and productivity gains.
Credit Acceptance Announces New Chief Technology Officer to Advance Digital-First, AI-Enabled Business Evolution
Credit Acceptance Corporation announced that Jeetu Mirchandani, an executive with over two decades of experience at Amazon in technology and AI, will join as Chief Technology Officer on August 27, 2026. Mirchandani will lead the company's engineering and technology strategy, focusing on accelerating its digital-first, AI-enabled evolution to enhance customer and dealer experiences. His extensive background includes leading large-scale organizations, driving innovation, and applying emerging technologies to solve complex business challenges, which Credit Acceptance believes will be crucial for its transformation and long-term shareholder value.
Credit Acceptance Corp (CACC) Earnings Forecast: Future EPS & Revenue Growth Estimates
This article provides an earnings forecast for Credit Acceptance Corp (CACC), detailing its current earnings forecast score, average price target, and analyst ratings. It highlights that analysts have a "Hold" recommendation for the stock, with an expected revenue of $594.57M for the next quarter and a price target of $463.50. The piece also includes a peer comparison and answers frequently asked questions regarding CACC's financial performance.
Credit Acceptance Corp (CACC) Stock News Today
This article provides the current stock information for Credit Acceptance Corp (CACC), including its real-time price, market capitalization, and P/E ratio. It indicates that more news will be coming soon, and directs users to TradingKey for updates on earnings, analyst ratings, and key developments.
Insider Kenneth S. Booth of CACC (NASDAQ: CACC) plans sale of 2,547 shares
Kenneth S. Booth, an insider at CACC, has filed a Form 144 notice indicating his intention to sell 2,547 shares of common stock on or after August 6, 2026. This planned sale is connected to a stock option exercise for cash. The filing also reports previous sales by Booth of 4,000 shares each on five separate dates in May 2026.
Credit Acceptance Corp. originations steady in Q2
Credit Acceptance Corp.'s originations volume saw a slight increase on a dollar basis in Q2, driven by new dealer sign-ups and technology initiatives. While dollar volume rose by 0.1% year-over-year to $1 billion, unit volume dipped by 1% to 84,615. The subprime lender also added 1,456 new dealers and enhanced its deal structuring processes during the quarter.
Credit Acceptance Sends 67% of June Calls to AI Agent
Credit Acceptance (CACC) reported strong second-quarter 2026 results with GAAP net income of $135.9 million and adjusted net income of $130.1 million, surpassing the previous year. The company saw its dealer network grow to a record 11,004 active dealers and significantly advanced its AI strategy, with 67% of June's inbound customer calls handled by an AI agent, up from 27% in March. Despite a slight decline in Consumer Loan unit volume, dollar volume increased, and share repurchases totaled $141.4 million.
Earnings call transcript: Credit Acceptance tops Q2 2026 EPS forecast, shares rise
Credit Acceptance Corporation reported strong Q2 2026 earnings, surpassing EPS forecasts, with GAAP net income up 71% and adjusted net income up 21%. The company's shares rose significantly, driven by lower credit-loss provisions, stronger loan yields, and an improved dealer network, despite a challenging non-prime auto lending market. Management emphasized a focus on profitable growth, data-driven strategies, and ongoing improvements in pricing and segmentation.
CREDIT ACCEPTANCE CORP 2Q 2026: Revenue $587.4M, EPS $12.66— 10-Q Summary
CREDIT ACCEPTANCE CORP (CACC) reported strong second-quarter 2026 results, with revenue reaching $587.4M and diluted EPS at $12.66, significantly up from $7.42 a year prior. This growth was primarily driven by lower operating expenses and reduced credit loss provisions. The company also saw record dealer enrollment and made significant operational advancements with AI integration and a new deal optimization tool.
Credit Acceptance Q2 Earnings Call Highlights
Credit Acceptance (NASDAQ:CACC) reported a significant increase in second-quarter earnings, with GAAP net income up 71% to $135.9 million and adjusted net income up 21% to $130.1 million, driven by lower credit-loss provisions and higher yields on newer loans. The company saw improved loan volume trends and expanded its dealer base, despite management's cautious outlook on credit performance. Credit Acceptance is also heavily investing in data and AI initiatives to enhance its underwriting, pricing, dealer engagement, and collections processes for "profitable growth."
Credit Acceptance earnings on deck amid subprime loan stress
Credit Acceptance (CACC) is set to announce its second-quarter earnings, with analysts anticipating sequential improvement despite a challenging subprime auto loan environment. The company faces the worst delinquency rates in over three decades, leading investors to focus on management's updated loan performance assumptions, volume trends, and the impact of its digital-first strategy. Despite strong historical profitability, the market is cautious about CACC's growth prospects amid tightening credit conditions for subprime lenders.
Credit Acceptance Shareholder Notice
Faruqi & Faruqi, LLP is investigating potential claims against Credit Acceptance Corporation (NASDAQ:CACC) and reminds investors of the December 1, 2020 deadline to seek lead plaintiff status in a federal securities class action lawsuit. The lawsuit alleges that Credit Acceptance made false or misleading statements regarding its business practices, including topping off loan pools with higher-risk loans, making unaffordable subprime auto loans, and engaging in illegal debt collection. This investigation follows a lawsuit filed by the Massachusetts Attorney General in August 2020, which led to an 18% drop in Credit Acceptance's share price.
HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Credit Acceptance (CACC) Investors to Contact Its Attorneys, AG Claims Company Misled Investors, Sold Unfair and Illegally High Interest Loans, and Engaged in Illegal Debt Collection Practic
Hagens Berman is encouraging investors of Credit Acceptance Corp. (CACC) to contact its attorneys due to an ongoing investigation into potential securities fraud. The investigation focuses on allegations that Credit Acceptance misled investors, sold unfair and illegally high-interest loans, and engaged in illegal debt collection practices. This follows reports from Citron Research, an investigation by the U.S. Bureau of Consumer Financial Protection, and a lawsuit filed by the Massachusetts Attorney General.
Credit Acceptance Deadline Alert
Faruqi & Faruqi, LLP is investigating potential claims against Credit Acceptance Corporation (NASDAQ: CACC) and reminds investors of the December 1, 2020 deadline to seek the role of lead plaintiff in a federal securities class action lawsuit. The lawsuit alleges that Credit Acceptance made false and/or misleading statements regarding its loan practices, including "topping off" loan pools with higher-risk loans, making unaffordable subprime auto loans, and engaging in illegal debt collection. These issues led to regulatory scrutiny from the Massachusetts Attorney General, causing a significant drop in the company's stock price.
Credit Acceptance Corp (CACC) CFO reports holding 26,223 common shares
Credit Acceptance Corp's Chief Financial Officer, Joseph Billante III, has reported an initial direct ownership of 26,223 common shares in the company. This Form 3 filing indicates his current holdings but does not involve any recent buy or sell transactions. The report clarifies that these shares are directly owned by the CFO, with no indirect holdings or associated trading plans.
Credit Acceptance Corp (CACC) Financial Health: Profitability & Balance Sheet Analysis
Credit Acceptance Corp (CACC) has a current financial score of 7.98, placing it 173rd out of 395 in the Banking Services industry, indicating stable financial health and average operating efficiency. The company reported a quarterly revenue of $580.00 million, a 1.56% year-over-year increase, and a net profit increase of 27.75%. While the financial status is stable, several detailed financial metrics are not yet disclosed by the company.
CACC|Credit Acceptance Corp|Price:572.496|Chg%:+3.586
This article provides a comprehensive stock analysis of Credit Acceptance Corp (CACC), highlighting its relatively healthy fundamentals, high growth potential, and fair valuation. Despite recent weak stock market performance, the company shows strong fundamentals with high revenue and profit growth. Institutional ownership is high, and analysts currently rate the stock as "Hold" with a target price of $591.67, suggesting stable medium-term performance.
ETFs Investing in Credit Acceptance Corporation Stocks
This article lists various Exchange Traded Funds (ETFs) that hold stocks of Credit Acceptance Corporation. The list is sorted by market value and provides details such as issuer, management style, expense ratio, assets under management (AUM), and price performance (NAV total return 3Y) for each ETF, making it easier for investors to identify relevant funds. The ETFs largely focus on small-cap and extended market segments, with a mix of passive and active management styles.
Credit Acceptance Corp (CACC) Institutional Confidence
The article details the institutional confidence in Credit Acceptance Corp (CACC). CACC has an institutional shareholding score of 7.00, placing it 70th out of 394 in the Banking Services industry, with institutional ownership increasing by 5.48% quarter-over-quarter. The largest institutional shareholder is Bill Smead, holding 161.24K shares.
