Company Overview
Credit Acceptance Corporation is a United States financial services company headquartered in Southfield, Michigan, that provides financing programmes enabling automobile dealers to sell vehicles to consumers regardless of their credit history. The programmes are offered through a nationwide network of automobile dealers, who benefit from sales to consumers who could not otherwise obtain financing and from the repeat and referral business those customers generate. Because the company reports to the three national credit reporting agencies, an ancillary benefit of its programmes is that consumers have an opportunity to improve their credit score and move on to more traditional sources of financing. Credit Acceptance Corporation is publicly traded on the Nasdaq Stock Market under the symbol CACC.
In June 2026 the company announced a planned finance leadership transition, appointing a new Chief Financial Officer effective 27 July 2026 while the outgoing Chief Financial Officer participated in second-quarter earnings alongside management and remained actively engaged through 31 August 2026.
Recent Leadership News
- Joe Billante appointed Chief Financial Officer; Jay Martin to Retire After More Than Two Decades of Service, June 2026.
Facts compiled by Executive Moves from publicly available news and press releases on 21 October 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
To upgrade to a Premium Profile reach out to us at info@executive-moves.com.
Are you on the Credit Acceptance Corporation team?
This is a Light company page, auto-generated from public news coverage. Claim it to verify the company description, add logo and links, and control how your organisation is represented on Executive Moves.
Claim this company →
