Credit Acceptance Announces Timing of Second Quarter 2020 Results and Webcast
July 23 2020 - 4:02PM
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 2020 results on Thursday, July 30, 2020, after the market
closes.
A webcast is scheduled for Thursday, July 30,
2020, at 5:00 p.m. Eastern Time to discuss second quarter 2020
results. The webcast can be accessed live by visiting the
“Investor Relations” section of our website at 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.
Investor Relations: Douglas W. Busk
Chief Treasury Officer
(248) 353-2700 Ext. 4432
IR@creditacceptance.com
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