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Credit Acceptance

Founded by : Don Foss, 1 January 1972

Oakland County, United States
Consumer Finance
More than 250 employees
http://www.creditacceptance.com

About the Company

Credit Acceptance Corporation (CAC) is a Michigan-based company that provides automobile loans and other related financial products. Established in 1972, CAC has helped thousands of customers with poor credit scores to finance their cars. The company operates on a "buy here, pay here" model, where it purchases the vehicles from dealerships and then sells them to consumers at a high-interest rate. CAC has over 7,000 employees and has facilitated more than 5 million loans since its inception. In addition to automobile financing, the company also offers loan servicing, collections, and asset recovery services.

Industry Type

According to the GICS (Global Industry Classification Standard) version of March 2023, Credit Acceptance’s industry classification falls within the following categories:
  • Sector: Financials
  • Industry group: Financial Services
  • Industry: Consumer Finance
  • Sub-Industry: Consumer Finance
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Company Address

25505 W 12 Mile Rd, Southfield, MI 48034, United States

Source : Google maps

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