---
schema_version: "secwatch.filing_event.v1"
accession: "0000885550-24-000142"
form_type: "8-K"
ticker: "CACC"
cik: "0000885550"
company_name: "CREDIT ACCEPTANCE CORP"
filed_at: "2024-12-10T23:59:59+00:00"
generated_at: "2026-05-29T05:24:57.243923+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Credit Acceptance expands warehouse facility to $250M, extends maturity, lowers rate

## Summary
- 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.

## SEC filing metadata
- accession: 0000885550-24-000142
- form_type: 8-K
- ticker: CACC
- cik: 0000885550
- company_name: CREDIT ACCEPTANCE CORP
- filed_at: 2024-12-10T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885550/000088555024000142/0000885550-24-000142-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885550/000088555024000142/cacc-20241205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000885550-24-000142
- JSON: https://secwatch.observer/filing/0000885550-24-000142.json
- Plain text: https://secwatch.observer/filing/0000885550-24-000142.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.