Credit Acceptance Named #18 Midsize Company in IDG’s Insider Pro and Computerworld 2020 Best Places to Work in IT

Rhea-AI Summary

Credit Acceptance Corporation (CACC), based in Southfield, Michigan, has ranked #18 on IDG's Insider Pro and Computerworld 2020 Best Places to Work in IT for midsize companies. This recognition is part of an annual survey evaluating work environments for technology professionals, with input from the IT team influencing the ranking. Notably, this is the fifth award the company has received this year, including accolades such as FORTUNE 100 Best Companies to Work For. Credit Acceptance has been facilitating vehicle financing since 1972, helping consumers with poor credit access reliable vehicles.

Positive

• Ranked #18 in IDG’s Insider Pro and Computerworld 2020 Best Places to Work in IT.
• Received five workplace awards in 2020, enhancing company reputation.
• Long-standing operations since 1972, providing valuable vehicle financing solutions.

Negative

• None.

Southfield, Michigan, June 23, 2020 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named #18 in IDG’s Insider Pro and Computerworld 2020 Best Places to Work in IT in the Midsize category.

The Best Places to Work in Information Technology (“IT”) list is an annual ranking of the top 100 work environments for technology professionals by IDG’s Insider Pro and Computerworld. The list is compiled based on a comprehensive questionnaire regarding company offerings in categories such as benefits, career development and training opportunities. In addition, Computerworld conducted a survey of our IT team, and their responses were analyzed and factored heavily in determining our award ranking.

This is the fifth workplace award that we’ve received this year as we also received:

• FORTUNE 100 Best Companies to Work For (last seven years in a row)
• Best Workplaces in Financial Services & Insurance (last six years in a row)
• National Best and Brightest Companies to Work For (last eight years in a row)
• 2020 Nevada Top Workplaces

About Credit Acceptance

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.

About Insider Pro and Computerworld

Insider Pro provides its subscribers with access to in-depth research, enterprise product reviews, hands-on advice, editor-curated special reports and exclusive feature articles on topics such as AI, machine learning, cloud platforms, analytics, network security, cyber threats, IoT, tech careers and much more. Insider Pro is published by IDG Communications, Inc.

Computerworld is the leading technology media brand empowering enterprise users and their managers, helping them create business advantage by skillfully exploiting today's abundantly powerful web, mobile, and desktop applications. Computerworld also offers guidance to IT managers tasked with optimizing client systems—and helps businesses revolutionize the customer and employee experience with new collaboration platforms. Computerworld's award-winning website (computerworld.com), strategic marketing solutions and research forms the hub of the world's largest global IT media network and provides opportunities for IT vendors to engage this audience. Computerworld is published by IDG Communications, Inc.

Investor Relations: Douglas W. Busk
Senior Vice President and Treasurer
(248) 353-2700 Ext. 4432
IR@creditacceptance.com

FAQ

What is Credit Acceptance Corporation's stock symbol?

Credit Acceptance Corporation's stock symbol is CACC.

When was Credit Acceptance named one of the best places to work in IT?

Credit Acceptance was named #18 in IDG’s Insider Pro and Computerworld 2020 Best Places to Work in IT on June 23, 2020.

What awards has Credit Acceptance received in 2020?

In 2020, Credit Acceptance received five workplace awards, including FORTUNE 100 Best Companies to Work For.

How long has Credit Acceptance been in business?

Credit Acceptance has been in operation since 1972.

What does Credit Acceptance do?

Credit Acceptance offers financing programs that enable automobile dealers to sell vehicles to consumers, regardless of their credit history.