Credit Acceptance Announces Timing of Second Quarter 2021 Earnings Release and Webcast

Rhea-AI Summary

Credit Acceptance Corporation (CACC) announced its intention to release second quarter 2021 results on July 29, 2021, after market hours. A live webcast discussing these results is scheduled for the same day at 5:00 p.m. ET, available through the Investor Relations section of their website or by dialing 877-303-2904. The company has provided financing programs since 1972, empowering automobile dealers to sell to consumers with varying credit histories, thereby contributing to credit improvement opportunities for consumers.

Southfield, Michigan, July 22, 2021 (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 second quarter 2021 results on Thursday, July 29, 2021, after the market closes. 

A webcast is scheduled for Thursday, July 29, 2021, at 5:00 p.m. Eastern Time to discuss second quarter 2021 results.  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.

FAQ

When will Credit Acceptance Corporation announce its second quarter 2021 results?

Credit Acceptance Corporation will announce its second quarter 2021 results on July 29, 2021, after market hours.

What time is the Credit Acceptance Corporation webcast for second quarter results?

The webcast for Credit Acceptance Corporation's second quarter results is scheduled for July 29, 2021, at 5:00 p.m. Eastern Time.

How can investors access the Credit Acceptance Corporation webcast?

Investors can access the Credit Acceptance Corporation webcast by visiting the Investor Relations section of their website or by calling 877-303-2904.

What company is represented by the stock symbol CACC?

The stock symbol CACC represents Credit Acceptance Corporation.