CREDIT ACCEPTANCE CORP
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No SEC Form 4 filings for $CACC in the last 30 days.
See all $CACC insider activity →Credit Acceptance Corporation settled multistate allegations, agreeing to debt forgiveness and operational changes. The settlement may impact loan economics and credit risk. The company extended funding facilities until 2028 at higher rates. Credit Acceptance projects $4.2B revenue and $707.2M earnings by 2029, with potential 13% upside from current price, according to analysts.
Credit Acceptance Corporation settled with 40 states, erasing debts for 55,000 borrowers and creating a $709.5M fund. The lender denies wrongdoing but will pay $60M in restitution and a $15.5M penalty. Eligible loans, made between 2015-2025, had high APRs and repossession rates. The settlement requires future lending reforms, including waiving 95% of deficiency balances for low-credit borrowers.
Credit Acceptance Corp (CACC) has filed a Rule 144 notice for a proposed sale of 5,568 shares by Jill Foss Watson 2014 Children's Trust, valued at $3.09M. UBS is the broker, with an estimated sale date of September 25, 2026. Related trusts may sell up to 92,737 shares in total. Todd Watson, trustee and spouse of a 10% holder, is involved.
Over the past 7 days, AlphAI's AI scored 14 news stories mentioning CACC (CREDIT ACCEPTANCE CORP). Coverage has skewed bearish: 0 bullish, 8 neutral, and 6 bearish.
Recent CACC coverage spans regulation, corporate actions and financial news.
The settlement introduces regulatory constraints and higher funding costs, which may compress margins and pressure the stock.
The settlement may improve Credit Acceptance's credit risk profile and reduce litigation costs, but also imposes a $15.5M penalty and $60M restitution fund.
Minor dilution risk; limited price impact due to small size.
Potential negative impact on stock due to legal liability and required business practice changes.
The settlement introduces a material cash drain and operational constraints that could pressure earnings and share price.
AlphAI scores every news story that mentions CACC with an AI model for sentiment and relevance, and aggregates insider trades from CREDIT ACCEPTANCE CORP's SEC EDGAR Form 4 filings. Figures refresh continuously.
Credit Acceptance Corporation settled multistate allegations, agreeing to debt forgiveness and operational changes. The settlement may impact loan economics and credit risk. The company extended funding facilities until 2028 at higher rates. Credit Acceptance projects $4.2B revenue and $707.2M earnings by 2029, with potential 13% upside from current price, according to analysts.
3 min readCredit Acceptance Corporation settled with 40 states, erasing debts for 55,000 borrowers and creating a $709.5M fund. The lender denies wrongdoing but will pay $60M in restitution and a $15.5M penalty. Eligible loans, made between 2015-2025, had high APRs and repossession rates. The settlement requires future lending reforms, including waiving 95% of deficiency balances for low-credit borrowers.
3 min readCredit Acceptance Corp (CACC) has filed a Rule 144 notice for a proposed sale of 5,568 shares by Jill Foss Watson 2014 Children's Trust, valued at $3.09M. UBS is the broker, with an estimated sale date of September 25, 2026. Related trusts may sell up to 92,737 shares in total. Todd Watson, trustee and spouse of a 10% holder, is involved.
1 min readKentucky consumers may receive over $10 million in debt relief and restitution as part of a $694 million nationwide settlement with Credit Acceptance Corporation, accused of predatory lending. The settlement, pending court approval, requires changes to the company's loan practices, including debt forgiveness for some customers and enhanced disclosures.
2 min readCredit Acceptance (CACC) settled multistate disputes, paying $75.5M. The company faces $634M in debt relief and new lending rules. Management claims no additional charges beyond accrued amounts, but investors must assess cash use and future loan profitability.
3 min readCredit Acceptance Corporation (CACC) announced Shannon Wilson as its new Chief Human Resources Officer, effective September 28, 2026. Wilson brings extensive experience in HR, operations, and technology from roles at Amazon and Alto Pharmacy. The company aims to strengthen its leadership team for long-term growth and technological advancement. CACC provides vehicle financing solutions to consumers with poor credit history through a network of dealers.
3 min readCredit Acceptance Corp. will provide $28M in cash payments and debt relief to ~5K Georgians as part of a $694M multistate settlement. The settlement resolves allegations of issuing unaffordable auto loans. Eligible customers will be contacted directly. The company denies wrongdoing and says the settlement resolves pending litigation. According to the company, fewer than 3% of its open accounts qualify for relief.
2 min readWisconsin consumers and the state will receive over $11M from a settlement with Credit Acceptance Corporation (CAC). The $694M multi-state deal provides debt relief and restitution, resolving allegations of predatory lending practices. CAC denies wrongdoing but agrees to better disclose loan risks and protect consumers.
2 min readCredit Acceptance Corporation will pay $694 million to settle allegations of predatory lending practices. The settlement, involving 40 states, includes $60 million in cash restitution and $388 million in debt relief for affected borrowers. The company denies wrongdoing but agrees to change certain practices.
2 min readCredit Acceptance Corp. will provide $70.3M in debt relief to eligible Michigan borrowers and $694M nationwide under a multistate settlement. The company, which specializes in subprime auto loans, was accused of predatory lending practices. Credit Acceptance will pay $60M for consumer losses and $15.5M to attorneys general. The settlement does not require the company to admit wrongdoing or modify existing contracts.
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