Credit Acceptance Announces Timing of First Quarter 2022 Earnings Release and Webcast
Credit Acceptance Corporation (Nasdaq: CACC) announced it will release its first quarter 2022 earnings on May 2, 2022, after market close. A webcast is slated for the same day at 5:00 p.m. Eastern Time to discuss these earnings, accessible via the company's Investor Relations website or by phone. Credit Acceptance, founded in 1972, provides financing programs for automobile dealers, enabling sales to consumers with poor credit histories. The company's programs help improve customers' credit scores and facilitate access to better financing options.
- Established a solid reputation since 1972 in auto financing.
- Offers financing to consumers with poor credit, expanding market opportunities for dealers.
- None.
Southfield, Michigan , April 25, 2022 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we expect to issue a news release with our first quarter 2022 earnings on Monday, May 2, 2022, after the market closes.
A webcast is scheduled for Monday, May 2, 2022, at 5:00 p.m. Eastern Time to discuss first quarter earnings. The webcast can be accessed live by visiting the “Investor Relations” section of our website at ir.creditacceptance.com or by dialing 877-303-2904. Additionally, a replay and transcript of the webcast will be archived in the “Investor Relations” section of our website.
Description of Credit Acceptance Corporation
Since 1972, Credit Acceptance has offered financing programs that enable automobile dealers to sell vehicles to consumers, regardless of their credit history. Our financing programs are offered through a nationwide network of automobile dealers who benefit from sales of vehicles to consumers who otherwise could not obtain financing; from repeat and referral sales generated by these same customers; and from sales to customers responding to advertisements for our financing programs, but who actually end up qualifying for traditional financing.
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 Nasdaq Stock Market under the symbol CACC. For more information, visit creditacceptance.com.
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