{"schema_version":"secwatch.filing_event.v1","accession":"0000885550-23-000102","form_type":"8-K","ticker":"CACC","cik":"0000885550","company_name":"CREDIT ACCEPTANCE CORP","filed_at":"2023-09-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.875955+00:00","generated_at":"2026-06-10T09:03:39.184233+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Credit Acceptance extends $200M warehouse facility maturity to Sep 2026, rate up 23.6 bps","bullets":["Revolving secured warehouse facility maturity extended to Sep 21, 2026 from Sep 1, 2024.","Interest rate increased from SOFR+201.4 bps to SOFR+225 bps.","No outstanding balance as of Sep 21, 2023.","No other material changes to facility terms."],"urls":{"canonical":"https://secwatch.observer/filing/0000885550-23-000102","json":"https://secwatch.observer/filing/0000885550-23-000102.json","markdown":"https://secwatch.observer/filing/0000885550-23-000102.md","text":"https://secwatch.observer/filing/0000885550-23-000102.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885550/000088555023000102/0000885550-23-000102-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885550/000088555023000102/cacc-20230921.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T09:03:39.184233+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4535393dca11e18c08db4e50b66dc9d12133cf81","claim":"CREDIT ACCEPTANCE CORP amended revolving credit of $200.0 million with Citizens Bank, N.A. at SOFR plus 225 basis points maturing September 21, 2026.","evidence_excerpt":"21, 2023, among the Company, CAC Warehouse Funding LLC VIII, Citizens Bank, N.A., and Computershare Trust Company, N.A. The Warehouse Amendment extends the date on which our $200.0 million revolving secured warehouse facility will cease to revolve from September 1, 2024 to September 21, 2026. The interest rate on borrowings under the facility has increased from","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/885550/000088555023000102/0000885550-23-000102-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$200.0 million"},{"label":"Counterparty","value":"Citizens Bank, N.A."},{"label":"Rate","value":"SOFR plus 225 basis points"},{"label":"Maturity","value":"September 21, 2026"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}