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

Rhea-AI Summary

Credit Acceptance Corporation (Nasdaq: CACC) has announced the upcoming release of its third quarter 2021 results, scheduled for November 1, 2021, after market close. A live webcast will follow at 5:00 p.m. Eastern Time, accessible via the company's investor relations website. Founded in 1972, Credit Acceptance provides financing programs to help automobile dealers sell vehicles to consumers with poor credit histories. This initiative enables consumers to improve their credit scores and transition to traditional financing options.

Southfield, Michigan, Oct. 25, 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 third quarter 2021 results on Monday, November 1, 2021, after the market closes. 

A webcast is scheduled for Monday, November 1, 2021, at 5:00 p.m. Eastern Time to discuss third 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 release its third quarter 2021 results?

Credit Acceptance Corporation will release its third quarter 2021 results on November 1, 2021, after market close.

What time is the webcast for Credit Acceptance's third quarter 2021 results?

The webcast to discuss Credit Acceptance's third quarter 2021 results is scheduled for November 1, 2021, at 5:00 p.m. Eastern Time.

How can I access the webcast for Credit Acceptance Corporation?

The webcast can be accessed live through the 'Investor Relations' section of Credit Acceptance's website or by dialing 877-303-2904.

What does Credit Acceptance Corporation do?

Credit Acceptance Corporation offers financing programs that allow automobile dealers to sell vehicles to consumers with poor credit histories, helping them improve their credit scores.