{"schema_version":"secwatch.filing_event.v1","accession":"0000885550-24-000118","form_type":"8-K","ticker":"CACC","cik":"0000885550","company_name":"CREDIT ACCEPTANCE CORP","filed_at":"2024-10-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.262174+00:00","generated_at":"2026-05-30T08:46:40.576389+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Credit Acceptance Q3 GAAP EPS $6.35 vs $5.43 YoY; adjusted EPS $8.79 vs $10.70","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."],"urls":{"canonical":"https://secwatch.observer/filing/0000885550-24-000118","json":"https://secwatch.observer/filing/0000885550-24-000118.json","markdown":"https://secwatch.observer/filing/0000885550-24-000118.md","text":"https://secwatch.observer/filing/0000885550-24-000118.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885550/000088555024000118/0000885550-24-000118-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885550/000088555024000118/cacc-20241030.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T08:46:40.576389+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}