Credit Acceptance Named a 2024 Top Workplace in Michigan by the Detroit Free Press

Core Insights - Credit Acceptance Corporation has been recognized as the 2 top large company in Michigan by the Detroit Free Press for the year 2024, marking the 13th consecutive year of receiving this award [1] - The company also received the Managers Specialty Award for its leaders' commitment to employee growth and well-being [1] Company Culture and Community Engagement - Credit Acceptance emphasizes its commitment to community involvement, with team members participating in various volunteer efforts, including supporting children with incarcerated parents and providing meals for those in need [2] - The company has established a mission-driven workplace that fosters professional and personal growth among its employees [2] Employee Experience and Recognition - The ranking of Credit Acceptance as a top workplace was based on an anonymous survey conducted by Energage, which measures employee experiences such as respect, support, and empowerment [3] - In 2024, the company received 11 awards, including recognitions from Great Place to Work® and Fortune, highlighting its status as a desirable workplace [4] Business Model and Financing Solutions - Credit Acceptance provides innovative financing solutions that enable automobile dealers to sell vehicles to consumers with varying credit histories, thus facilitating vehicle ownership [5] - The company's financing programs not only help consumers purchase vehicles but also assist them in improving their credit scores, allowing them to access traditional financing options in the future [6]