{"filings":[{"id":1056276,"accession_number":"0000885550-26-000147","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2026-06-15T20:01:26+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Credit Acceptance extends revolving credit facility maturity to 2029, lowers spread by 22.5 bps","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Maturity extended from June 22, 2028 to June 22, 2029.","Interest rate reduced from SOFR+197.5 bps to SOFR+175.0 bps.","Outstanding balance as of June 9, 2026 was $270.5 million.","No other material changes to facility terms.","Amendment with Fifth Third Bank syndicate effective June 9, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":974036,"accession_number":"0000885550-26-000130","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2026-06-10T20:40:18+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Credit Acceptance appoints Joe Billante as CFO; Jay Martin retiring after 23 years","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jay Martin, CFO since 2003, retires July 27, 2026; will consult through Aug 31 at same pay.","Joe Billante, ex-Barracuda Networks CFO and eBay finance exec, named CFO effective July 27.","Billante compensation: $750K base salary, $300K signing bonus, 26,223 RSUs vesting over 10 years.","Billante brings 25+ years experience including CFO roles at eBay Europe/Greater China and GE Healthcare."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":972677,"accession_number":"0000885550-26-000129","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2026-06-10T20:05:49+00:00","items":["5.07"],"status":"ready","headline":"Credit Acceptance shareholders elect all six directors, approve pay, ratify auditor at annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All six director nominees reelected with strong majorities; highest withheld vote was 15% for Scott Vassalluzzo (944,853 withheld).","Advisory vote on executive compensation approved: 5,229,825 for, 1,056,747 against, 1,908 abstain.","Ratification of Grant Thornton as auditor for 2026: 7,927,281 for, 330,863 against, 191 abstain."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":12769,"accession_number":"0000885550-26-000098","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2026-05-11T20:01:42+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Credit Acceptance completes $450M asset-backed financing at ~5.2% cost","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Conveyed $562.6M of consumer loans as collateral; notes issued in three tranches: $248.75M Class A (4.65%), $91.32M Class B (4.96%), $109.93M Class C (5.28%).","Expected average annualized cost ~5.2% including fees; financing revolves for 24 months then amortizes.","Proceeds to repay higher-cost outstanding debt and for general corporate purposes.","Company receives 4.0% of loan cash flows as servicing fee; 96% used for note payments and dealer holdback.","Financing is non-recourse to Credit Acceptance except for customary rep/indemnity obligations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":99444,"accession_number":"0000885550-26-000079","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2026-05-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Credit Acceptance Q1 GAAP EPS $12.40, adjusted $10.71; loan forecast volatility eases","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $135.8M ($12.40/diluted share) vs $106.3M ($8.66) YoY; adjusted net income $117.3M ($10.71).","Loan assignment unit volume 95,992 (-4.3% YoY); dollar volume $1.1B (-4.0% YoY).","Forecasted net cash flow decline of $9.1M (0.1%) – smallest quarterly change in three years.","Repurchased 365,258 shares (3.4% of shares outstanding) for $178.9M.","Liquidity $1.3B at March 31; record 10,977 active dealers (+1.7% YoY)."],"consensus_eps_estimate":10.7294,"consensus_eps_actual":12.4,"consensus_revenue_estimate":null,"consensus_revenue_actual":580000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":99443,"accession_number":"0000885550-26-000053","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2026-04-03T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Credit Acceptance CEO outlines strategy in first shareholder letter; highlights tech investments and dealer partnerships","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["CEO (appointed Nov 2025) focuses on maximizing long-term intrinsic value per share; emphasizes disciplined pricing and wide margin of safety.","Accelerated tech investments: originations system upgrade, AI tools, data infrastructure, and dealer-facing systems.","Dealer anecdote: West 40 Auto Sales funded 40+ pools, generating over $4M in portfolio profit, helping 3,000+ consumers.","Strategy includes granular segmentation by credit band, geography, dealer segment, and vehicle price to identify growth opportunities.","Purpose-driven mission: enabling credit access for non-prime consumers; cites consumer story 'Ms. Good' as example of impact."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115438,"accession_number":"0000885550-26-000009","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2026-01-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Credit Acceptance Q4 GAAP EPS $10.99; net income down 20% YoY; sets $75.5M legal reserve","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $122.0M ($10.99/sh) vs $151.9M ($12.26) in Q4 2024; adjusted net income $126.0M ($11.35/sh), flat YoY.","Loan unit volume 71,731 (-9.1% YoY); dollar volume $821.3M (-11.3% YoY); active dealers 9,863 (-2.8%).","Contingent legal loss of $35.8M in Q4; cumulative $82.6M; potential settlement of $75.5M with states/NY AG.","Repurchased 425,000 shares (3.8% of shares outstanding) for $191.4M in Q4.","Forecasted collection rates declined $34.2M (0.3%); average loan balance $7.9B."],"consensus_eps_estimate":10.2099,"consensus_eps_actual":36.38,"consensus_revenue_estimate":null,"consensus_revenue_actual":2317200000.0,"consensus_period":"2025-FY","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115437,"accession_number":"0000885550-26-000007","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2026-01-26T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Credit Acceptance CAO Arthur Smith and CSO Daniel Ulatowski retiring Feb 1, 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Arthur L. Smith (CAO) and Daniel A. Ulatowski (CSO) retire as officers effective Feb 1, 2026.","Each will serve as non-employee advisor until July 31, 2026 under separation and advisory agreements.","Smith receives monthly consulting fee of $66,758.01; Ulatowski receives $64,166.67.","Their stock options remain exercisable through December 30, 2026 due to retirement treatment per plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115436,"accession_number":"0000885550-26-000004","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2026-01-20T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Credit Acceptance extends $100M Term ABS 2021-1 to Jan 2028, reduces rate by 80bps","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolving period extended from Feb 17, 2026 to Jan 18, 2028.","Interest rate cut from SOFR+220bps to SOFR+140bps.","No other material changes to the $100M non-recourse secured facility.","Amendment with Fifth Third Bank and affiliates executed Jan 15, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131860,"accession_number":"0000885550-25-000131","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2025-11-19T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"CACC completes $500M asset-backed financing, its 60th term securitization","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $500M in three classes of ABS notes: A ($284.6M, 4.50%), B ($104.6M, 4.87%), C ($110.8M, 5.38%).","Expected average annualized cost of ~5.1% including upfront fees; revolver for 24 months, then amortizes.","Proceeds used to repay higher-cost debt and for general corporate purposes.","Company maintains ~$2.0B in unused borrowing capacity and unrestricted cash after closing.","Treasurer Jay Brinkley noted this is the lowest-cost ABS transaction since late 2021."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131859,"accession_number":"0000885550-25-000123","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2025-10-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Credit Acceptance Q3 GAAP EPS $9.43, adjusted EPS $10.28; loan volumes down 16.5%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $108.2M ($9.43 diluted EPS) vs $78.8M ($6.35) a year ago; adjusted net income $117.9M ($10.28/sh).","Consumer Loan assignment unit volume down 16.5%, dollar volume down 19.4% YoY; active dealers down 4.7%.","Repurchased ~230,000 shares for $107.4M (2.0% of shares outstanding).","Recorded $15.0M contingent loss related to previously disclosed legal matters; cumulative contingent losses $46.8M.","Forecasted collection rates declined for 2022-2024 vintages; overall forecasted net cash flows decreased $58.6M (0.5%)."],"consensus_eps_estimate":9.6416,"consensus_eps_actual":25.5,"consensus_revenue_estimate":null,"consensus_revenue_actual":1737300000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131858,"accession_number":"0000885550-25-000117","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2025-10-28T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"CEO Ken Booth to retire Jan 2026; Vinayak Hegde appointed as next CEO effective Nov 13, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Kenneth S. Booth retires as CEO and President effective Jan 31, 2026; will remain a board member.","Vinayak R. Hegde, previously a board member, appointed CEO and President effective Nov 13, 2025.","Hegde receives $1.1M base salary, $500K signing bonus, and 140,000 RSUs vesting over 10 years.","Hegde was most recently Consumer CMO at T-Mobile and held leadership roles at Amazon, Airbnb, and Groupon."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131857,"accession_number":"0000885550-25-000110","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2025-10-20T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Credit Acceptance reports $12.3B forecasted collections, $4.5B cushion over debt","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Total forecasted collections of $12.3B as of Sep 30, 2025; cushion of $4.5B after expenses & $6.4B debt.","59 term securitizations totaling $16.6B; structures can withstand 35% decline in forecasted collections before junior bond risk.","Maintained $1.6B available borrowing capacity on revolver facilities as of Sep 30, 2025.","Adjusted advance rates on recent vintages to increase margin of safety; forecasts incorporate post-pandemic underperformance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148444,"accession_number":"0000885550-25-000107","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2025-09-30T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Credit Acceptance Corp authorizes repurchase of up to 2 million shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board authorized 2M share buyback in addition to prior authorizations; no expiration date.","As of Sept 29, 2025, 190,018 shares remained under prior repurchase authorization.","Repurchases may be executed via open market, block trades, or 10b5-1 plans."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148443,"accession_number":"0000885550-25-000105","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2025-09-24T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Credit Acceptance extends $200M warehouse facility to Sep 2028, cuts spread by 40 bps","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolving secured warehouse facility extended from Sep 2026 to Sep 2028.","Interest rate reduced from SOFR+225 bps to SOFR+185 bps.","Facility size remains $200.0 million; no balance outstanding as of Sep 19, 2025.","No other material changes to the facility terms."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148442,"accession_number":"0000885550-25-000098","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2025-09-15T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Credit Acceptance updates loan performance trends and SSN/ITIN pilot program","summary_kind":"llm","event_type":"other","confidence":"medium","bullets":["Loan performance for two months ended Aug 31, 2025 consistent with recent quarter trends.","Pilot program for borrowers without SSN/ITIN limited to 5 market areas; originations de minimis.","Collections performance within pilot consistent with expectations; no plans to expand.","All pilot borrowers required to provide government-issued photo ID for identity verification."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148441,"accession_number":"0000885550-25-000088","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2025-08-04T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Credit Acceptance extends $300M warehouse facility to 2028, reduces spread by 16.4 bps","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolving period extended from December 29, 2026 to July 30, 2028.","Interest rate reduced from SOFR+221.4 bps to SOFR+205 bps.","No balance outstanding under the facility as of July 30, 2025.","No other material changes to the facility's terms."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148440,"accession_number":"0000885550-25-000084","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2025-07-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Credit Acceptance Q2 GAAP EPS $7.42; adjusted EPS $8.56; loan volume down 14.6% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $87.4M ($7.42 diluted EPS) vs loss of $47.1M (-$3.83) in Q2 2024.","Adjusted net income $100.8M ($8.56 diluted EPS) vs $126.4M ($10.29) YoY, down ~20%.","Forecasted collection rates declined, reducing net cash flows by $55.8M (0.5%) in Q2 2025.","Consumer Loan assignment unit volume decreased 14.6%, dollar volume down 18.8% YoY.","Repurchased ~530,000 shares (4.5% of shares outstanding); legal contingent loss $23.4M."],"consensus_eps_estimate":9.87,"consensus_eps_actual":16.11,"consensus_revenue_estimate":null,"consensus_revenue_actual":1154900000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148439,"accession_number":"0000885550-25-000079","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2025-07-16T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Credit Acceptance extends $75M warehouse facility to 2028; lowers rate and servicing fee","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolving period extended from Sept 30, 2026 to Sept 30, 2028 on $75M secured warehouse facility.","Interest rate reduced from SOFR+210 bps to SOFR+185 bps; servicing fee cut from 6% to 4% of collections.","No balance outstanding under the facility as of July 11, 2025.","Amendment with Flagstar Bank; no other material changes to terms."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167250,"accession_number":"0000885550-25-000076","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2025-06-30T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Credit Acceptance extends revolving credit facility maturity to June 2028","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Maturity extended from June 22, 2027 to June 22, 2028 under the Sixth Amended and Restated Credit Agreement.","No balance outstanding under the facility as of June 24, 2025.","No other material changes to the terms of the facility were made."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167249,"accession_number":"0000885550-25-000057","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2025-06-04T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Credit Acceptance shareholders elect directors, approve say-on-pay, ratify Grant Thornton","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All six director nominees elected with 5.85M to 5.97M votes for and ~2.7M broker non-votes each.","Advisory vote on named executive officer compensation approved: 5.86M for, 139.5K against, 2.4K abstain.","Ratification of Grant Thornton LLP as independent auditor for 2025 passed: 8.69M for, 12.6K against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167248,"accession_number":"0000885550-25-000054","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2025-04-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Credit Acceptance Q1 GAAP net income $106.3M ($8.66/sh); assignment volume falls 10.1% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $106.3M ($8.66 diluted EPS) vs $64.3M ($5.08) in Q1 2024; adjusted net income $114.8M ($9.35).","Consumer Loan unit volume fell 10.1% and dollar volume fell 15.5% YoY; active dealers 10,789 (-0.1%).","Forecasted collection rate decline reduced net cash flows by $20.9M (0.2%); average portfolio balance rose 11% to $7.9B.","Repurchased 329,000 shares (2.7% of shares outstanding); liquidity of over $2.2B in cash and unused credit lines.","Operating expenses rose 7.5% to $9.4M increase; interest expense up 24% on higher debt balance."],"consensus_eps_estimate":null,"consensus_eps_actual":8.66,"consensus_revenue_estimate":null,"consensus_revenue_actual":571100000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167247,"accession_number":"0000885550-25-000037","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2025-04-02T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Credit Acceptance reports record 2024 loan assignments of 386,126; portfolio reaches $8.9B","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Loan assignment volume in 2024 was 386,126 contracts, a new single-year high; unit and dollar volumes grew 16.1% and 11.3% YoY.","Adjusted loan portfolio balance reached $8.9B, up 15% from 2023 and the largest in company history.","Ten consecutive quarters of growth from March 2022 through September 2024, driven by favorable capital markets and cautious competitors.","Loans originated in 2021-2023 performed significantly worse than initial forecasts but still generated positive Economic Profit due to built-in margins.","Company added over 100 Engineering team members in 2024 and received 13 workplace awards, including Fortune 100 Best Companies to Work For."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167246,"accession_number":"0000885550-25-000035","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2025-04-02T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Credit Acceptance closes $400M asset-backed financing with 5.6% average cost","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$400M in notes issued (Class A $223.1M at 5.02%, B $65.8M at 5.30%, C $111.1M at 5.71%) backed by $500.2M consumer loans.","Expected average annualized cost ~5.6% including upfront fees; revolving for 24 months then amortizing.","Proceeds used to repay outstanding indebtedness and for general corporate purposes.","Financing is non-recourse to Credit Acceptance except for customary repurchase/indemnification obligations.","Credit Acceptance receives 4% of loan cash flows as servicing fee; 96% (less dealer holdback) pays notes and costs."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184599,"accession_number":"0000885550-25-000023","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2025-02-28T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Credit Acceptance closes $500M 6.625% senior notes due 2030, redeems all 2026 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $500M aggregate principal of 6.625% senior notes due 2030 at 100% of par.","Net proceeds of approximately $492.9M after discounts and expenses.","Used portion of proceeds to redeem all outstanding 6.625% senior notes due 2026.","Interest payable semi-annually on March 15 and September 15, starting Sept 2025.","Notes guaranteed by two subsidiaries; covenants limit additional debt, dividends, investments."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184598,"accession_number":"0000885550-25-000018","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2025-02-13T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Credit Acceptance conditionally redeems $400M of 6.625% notes due 2026 with new 2030 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Conditional notice to redeem all $400M of 6.625% senior notes due 2026 on Feb 28, 2025.","Redemption conditioned on receiving at least $400M from new senior notes due 2030 offering.","Refinancing extends debt maturity from 2026 to 2030; terms of new notes not yet detailed.","Company expects to use proceeds to fund redemption, net of discounts and expenses."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184597,"accession_number":"0000885550-25-000017","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2025-02-13T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Credit Acceptance prices $500M 6.625% senior notes due 2030, upsized from $400M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Priced $500M aggregate principal of 6.625% senior notes due 2030 at 100% issue price; offering size increased from $400M.","Net proceeds to redeem all $400M of outstanding 6.625% senior notes due 2026 and for general corporate purposes.","Closing expected on or about February 28, 2025, subject to customary conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184596,"accession_number":"0000885550-25-000014","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2025-02-13T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Credit Acceptance plans $400M senior notes offering to refinance 6.625% notes due 2026","summary_kind":"llm","event_type":"debt","confidence":"medium","bullets":["Offering $400M aggregate principal of senior notes due 2030 to qualified institutional buyers under Rule 144A.","Net proceeds, with cash on hand, will redeem all $400M of 6.625% senior notes due 2026.","Pending redemption, proceeds may be invested short-term or used to repay revolving credit facility borrowings.","Notes are unregistered and may not be offered or sold in the U.S. absent registration or exemption."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184595,"accession_number":"0000885550-25-000009","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2025-01-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Credit Acceptance Q4 2024: GAAP net income $151.9M ($12.26 EPS); adjusted EPS $10.17; unit volume growth slows to 0.3%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $151.9M vs $93.6M YoY; diluted EPS $12.26 vs $7.29.","Adjusted net income $126.0M ($10.17/diluted share) vs $129.1M ($10.06) YoY.","Consumer loan assignment unit volume grew only 0.3% YoY vs 26.7% in Q4 2023.","Initial spread increased to 22.4% from 21.7%; average cost of debt rose to 7.2% from 6.3%.","Repurchased ~590,000 shares (4.7% of outstanding) since Q4 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":19.88,"consensus_revenue_estimate":null,"consensus_revenue_actual":2162400000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201175,"accession_number":"0000885550-24-000147","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2024-12-23T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Credit Acceptance closes $300M asset-backed financing; notes priced 5.79%-6.67%","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Conveyed $375.1M in consumer loans to SPE, issued three note classes totaling $300M.","Class A ($139.2M, 5.79%), Class B ($62.2M, 6.03%), Class C ($98.6M, 6.67%).","Expected average annualized cost ~6.3% including fees; 36-month revolving period then amortizes.","Proceeds to repay outstanding indebtedness and for general corporate purposes.","4% of cash flows retained for servicing; structure preserves dealer holdback rights."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201174,"accession_number":"0000885550-24-000142","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2024-12-10T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Credit Acceptance expands warehouse facility to $250M, extends maturity, lowers rate","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Facility increased from $200M to $250M; revolving period extended to Dec 2027, maturity to Dec 2029.","Interest rate reduced from SOFR+245bps to SOFR+185bps.","No outstanding balance on the facility as of December 5, 2024.","Warehouse Amendment with Fifth Third Bank effective December 5, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201173,"accession_number":"0000885550-24-000118","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2024-10-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Credit Acceptance Q3 GAAP EPS $6.35 vs $5.43 YoY; adjusted EPS $8.79 vs $10.70","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $78.8M ($6.35/diluted share) vs $70.8M ($5.43) in Q3 2023.","Adjusted net income $109.1M ($8.79/diluted share) vs $139.5M ($10.70) YoY.","Forecasted collection rates declined $62.8M (0.6%) in Q3; consumer loan unit volume up 17.7%.","Average cost of debt rose to 7.3% from 5.8% a year ago, pressuring adjusted earnings.","Repurchased ~566K shares (4.5% of shares outstanding) since Q3 2023; none in Q3 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":7.68,"consensus_revenue_estimate":null,"consensus_revenue_actual":1596500000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201172,"accession_number":"0000885550-24-000113","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2024-10-02T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Credit Acceptance closes $600M asset-backed securitization; notes bear 4.68-5.39% interest","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Conveyed consumer loans valued at ~$750.2M to special-purpose trust.","Notes: Class A $316.5M at 4.68%; Class B $121.7M at 4.85%; Class C $161.9M at 5.39%.","Expected average annualized cost ~5.2% including fees; 24-month revolving period.","Proceeds to repay outstanding debt and for general corporate purposes.","Non-recourse to Credit Acceptance except for customary repurchase/indemnity obligations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217196,"accession_number":"0000885550-24-000111","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2024-09-24T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Credit Acceptance ups warehouse revolver to $500M, extends two debt facilities","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Warehouse Facility II increased from $400M to $500M, maturity extended to Sept 20, 2027.","Interest rate on Warehouse Facility II reduced from SOFR+230bps to SOFR+185bps.","Term ABS 2019-2 ($500M) revolving period extended to Sept 15, 2026; rate raised from 5.15% to 5.43%.","$201M outstanding under Warehouse Facility II as of Sept 19, 2024.","Amendments involve Wells Fargo and Computershare as counterparties."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217195,"accession_number":"0000885550-24-000090","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2024-07-31T23:59:59+00:00","items":["1.01","2.02","9.01"],"status":"ready","headline":"Credit Acceptance reports Q2 GAAP net loss of $47.1M; adjusts forecast methodology reducing cash flows by $147.2M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net loss $47.1M ($3.83 diluted loss) vs net income $22.2M ($1.69) in Q2 2023.","Adjusted net income $126.4M ($10.29) down from $140.0M ($10.69) YoY.","Forecasted net cash flows decreased $189.3M (1.7%) due to methodology adjustment of $147.2M and ordinary decrease of $42.1M.","Unit volume up 20.9%, dollar volume up 16.3%; average loan portfolio at record high.","Average cost of debt increased to 7.2% from 5.3%; sold building recognizing $23.7M loss."],"consensus_eps_estimate":null,"consensus_eps_actual":1.37,"consensus_revenue_estimate":null,"consensus_revenue_actual":1046200000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236973,"accession_number":"0000885550-24-000079","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2024-06-26T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Credit Acceptance closes $550M ABS financing, upsizes existing facility by $100M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Completed $550M non-recourse secured ABS (Term ABS 2024-2) with 3 note classes: A $272.4M (5.95%), B $110.3M (6.11%), C $167.3M (6.70%); expected cost ~6.5%.","Conveyed loans of ~$687.7M into trust; 24-month revolving period then amortizes based on loan cash flows.","Increased Term ABS 2022-2 from $200M to $300M and extended its revolving period from Dec 2025 to June 2027.","Proceeds will repay outstanding debt and fund general corporate purposes; financing is non-recourse to Credit Acceptance (limited exceptions)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236972,"accession_number":"0000885550-24-000077","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2024-06-20T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Credit Acceptance extends revolver maturity to 2027, rate switches to SOFR+197.5 bps","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Maturity of secured line of credit extended from June 22, 2026 to June 22, 2027.","Interest rate changed from BSBY +187.5 bps to SOFR +197.5 bps.","Outstanding balance under the facility: $66.8 million as of June 17, 2024.","No other material changes to facility terms."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236971,"accession_number":"0000885550-24-000073","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2024-06-05T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Credit Acceptance shareholders approve all four proposals at annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Elected six directors (Booth, Flanagan, Hegde, Quinn, Tryforos, Vassalluzzo) to one-year terms.","Approved amendment to Amended and Restated Incentive Compensation Plan (6.9M for, 72.5K against).","Advisory vote on named executive officer compensation passed (6.9M for, 109.6K against).","Ratified Grant Thornton LLP as independent auditor for 2024 (8.96M for, 28.9K against)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236970,"accession_number":"0000885550-24-000067","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2024-04-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Credit Acceptance Q1 GAAP net income down 35% to $64.3M; adjusted EPS $9.28 vs $9.71 YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP EPS $5.08 vs $7.61 YoY; adjusted EPS $9.28 vs $9.71; net income fell on $48.6M higher provision for credit losses.","Forecasted collection rates decreased net cash flows by $30.8M (0.3%) vs a $9.4M increase in Q1 2023.","Consumer Loan unit volume up 24.1% and dollar volume up 20.2% YoY; initial spread improved to 22.0% from 21.0%.","Repurchased ~728,000 shares (5.7% of outstanding since Q1 2023); average cost of debt rose to 7.0% from 4.7%."],"consensus_eps_estimate":null,"consensus_eps_actual":5.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":508000000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236969,"accession_number":"0000885550-24-000050","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2024-04-03T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Credit Acceptance reports record loan portfolio of $7.0B; volume and spread growth continue","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Loan portfolio reached $7.0B at year-end 2023 (highest ever); unit and dollar volumes grew 18.6% and 14.4%.","Initial spread on 2023 assignments increased to 21.3% from 20.1% in 2022; seven consecutive quarters of growth.","Secured $700M in new asset-backed financing; $1.4B unused capacity under revolving facilities as of March 31, 2024.","Since 1999, repurchased approximately 40.4 million shares; $1B in senior notes outstanding."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236968,"accession_number":"0000885550-24-000049","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2024-04-03T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Credit Acceptance closes $500M asset-backed non-recourse financing","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$500M notes issued in 3 classes: A ($298M, 5.68%, 2.35yr), B ($64M, 6.03%, 2.82yr), C ($137M, 6.71%, 3.12yr).","Consumer loans valued at ~$625.2M conveyed to a special purpose trust as collateral.","Expected average annualized cost ~6.4% incl. fees; 24-month revolving period then amortization.","Proceeds used to repay outstanding indebtedness and for general corporate purposes.","Financing is non-recourse to Credit Acceptance; company earns 4% servicing fee, dealers' holdback preserved."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":254568,"accession_number":"0000885550-24-000037","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2024-02-29T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Credit Acceptance closes $200M asset-backed financing at ~7.8% avg cost","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Three tranches: $106M class A at 6.95%, $43.9M class B at 7.68%, $50M class C at 8.30%.","Conveyed loans with $250M value; financing expected avg annualized cost ~7.8% incl. fees.","Revolves for 36 months, then amortizes from loan cash flows; proceeds used to repay debt and for general corporate purposes.","Company retains 4% of cash flows for servicing; remaining 96% pays principal, interest, and costs.","Financing is non-recourse and structured to preserve dealer holdback rights."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":254567,"accession_number":"0000885550-24-000035","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2024-02-22T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Credit Acceptance extends $100M ABS financing revolving period to Feb 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Term ABS 2021-1 revolving period extended from Dec 16, 2024 to Feb 17, 2026.","No other material changes to the $100 million non-recourse secured financing.","Amendment entered with Fifth Third Bank, National Association as lender.","Original financing dated January 29, 2021; extension provides additional liquidity runway."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":254566,"accession_number":"0000885550-24-000016","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2024-01-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Credit Acceptance Q4 GAAP EPS $7.29, down 24% YoY; adjusted EPS $10.06","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $93.6M vs $127.3M YoY; revenue growth not disclosed.","Q4 loan origination unit volume +26.7% YoY; dollar volume +21.3%.","Forecasted collection rates declined by $57M (0.6%) in Q4, vs $41.1M (0.5%) a year ago.","Initial spread on new loans improved to 21.7%, up from 20.9% in Q4 2022.","Average cost of debt rose due to higher interest rates on recent financings."],"consensus_eps_estimate":null,"consensus_eps_actual":21.99,"consensus_revenue_estimate":null,"consensus_revenue_actual":1901900000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":254565,"accession_number":"0000885550-24-000009","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2024-01-25T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Credit Acceptance appoints Jay Martin as CFO, replacing CEO Booth as principal financial officer","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jay Martin appointed CFO effective Jan 23, 2024; previously SVP Finance and Accounting.","Base salary increased from $400k to $525k; granted 600 RSUs vesting in one year.","CEO Ken Booth ceases as principal financial officer but remains CEO.","Quarterly earnings to be reported on January 31, 2024.","Martin joined Credit Acceptance in 2003; led accounting and financial reporting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":254564,"accession_number":"0000885550-24-000004","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2024-01-04T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Credit Acceptance extends $300M warehouse facility revolving period to Dec 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Fifth amendment extends revolving period from May 20, 2025 to December 29, 2026.","Facility size unchanged at $300.0 million; no other material changes to terms.","No balance outstanding under the facility as of December 29, 2023.","BMO, BMO Capital Markets, and Computershare are counterparties to the amendment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":272046,"accession_number":"0000885550-23-000143","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2023-12-27T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Credit Acceptance closes $294M asset-backed non-recourse financing; 3 tranches","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Conveyed $375.1M in consumer loans; notes: Class A $158M at 6.13%, B $67.5M at 6.71%, C $68.4M at 7.30%.","Expected average annualized cost ~7.0% including fees; revolving for 24 months then amortizing.","Proceeds to repay existing debt and for general corporate purposes; non-recourse to Credit Acceptance.","Servicing fee of 4.0% of cash flows; remaining 96% (net dealer holdback) pays principal, interest, costs.","Dealer relationships preserved; dealer holdback rights unaffected."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":272045,"accession_number":"0000885550-23-000140","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2023-12-19T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Credit Acceptance closes $600M 9.25% notes, tenders $322M of 2024 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $600M aggregate principal of 9.250% Senior Notes due 2028 at 100% of par.","Tender offer for $400M 5.125% 2024 notes closed; $322.27M (80.6%) validly tendered.","Net proceeds ~$591.5M; used to pay tender consideration, fees, and redeem remaining 2024 notes.","Remaining 2024 notes to be redeemed on Dec 31, 2023 at 100% of principal plus accrued interest.","Notes offered in private placement to QIBs; not registered under Securities Act."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":272044,"accession_number":"0000885550-23-000134","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2023-12-15T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Credit Acceptance announces $322M of $400M notes tendered in debt tender offer","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$322,270,000 of $400M 5.125% senior notes due 2024 validly tendered by Dec 14 expiration.","Tender offer price of $1,000 per $1,000 principal plus accrued interest; settlement expected Dec 19.","Closing conditioned on successful completion of new senior debt offering, expected around Dec 19.","Wells Fargo Securities acted as dealer manager; Global Bondholder Services as tender agent."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":272043,"accession_number":"0000885550-23-000131","cik":885550,"company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","form_type":"8-K","filed_at":"2023-12-06T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Credit Acceptance prices $600M 9.250% senior notes due 2028; upsized from $500M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Priced $600M aggregate principal of 9.250% senior notes due 2028 at 100% par.","Offering upsized from previously announced $500M; closing expected Dec. 19, 2023.","Net proceeds to fund cash tender offer for all $400M of 5.125% senior notes due 2024.","Any remaining 2024 notes will be redeemed; proceeds also for fees and general corporate purposes.","Notes offered only to QIBs under Rule 144A; not registered under Securities Act."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5848748782.502398,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2023-12-06T23:59:59+00:00|272043"}