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Credit Acceptance Announces Completion of $500.0 Million Asset-Backed Financing

Southfield, Michigan, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a 500.0millionassetbackednonrecoursesecuredfinancing(theFinancing). Pursuanttothistransaction,weconveyedloanshavingavalueofapproximately500.0 million asset-backed non-recourse secured financing (the “Financing”).  Pursuant to this transaction, we conveyed loans having a value of approximately 625.2 million to a wholly owned special purpose entity which will transfer the loans to a trust, which will issue three classes of notes: Note Class Amount  ...