Credit Acceptance Announces Extension of Revolving Secured Line of Credit Facility

As of June 17, 2024, we had $66.8 million outstanding under the facility. Without our financing programs, consumers are often unable to purchase vehicles or they purchase unreliable ones. Further, as we report to the three national credit reporting agencies, an important ancillary benefit of our programs is that we provide consumers with an opportunity to improve their lives by improving their credit score and move on to more traditional sources of financing. Credit Acceptance is publicly traded on the Nasd ...