Equity Overview
Price & Market Data
Price: $485.1
Daily Change: -$1.65 / 0.34%
Range: $473.5 - $487.0
Market Cap: $5,849,523,200
Volume: 6,845
Performance Metrics
1 Week: 2.71%
1 Month: -4.98%
3 Months: -7.36%
6 Months: 2.05%
1 Year: -7.13%
YTD: 3.31%
Company Details
Employees: 2431
Sector: Finance
Industry: Finance/Rental/Leasing
Country: United States
Details
Credit Acceptance Corporation engages in the provision of financing programs, and related products and services in the United States. The company advances money to automobile dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps the amount collected from the consumers. It is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company. The company serves independent and franchised automobile dealers. The company was incorporated in 1972 and is headquartered in Southfield, Michigan.