{"schema_version":"secwatch.filing_event.v1","accession":"0000885550-24-000147","form_type":"8-K","ticker":"CACC","cik":"0000885550","company_name":"CREDIT ACCEPTANCE CORP","filed_at":"2024-12-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.262593+00:00","generated_at":"2026-05-28T23:57:43.594194+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Credit Acceptance closes $300M asset-backed financing; notes priced 5.79%-6.67%","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."],"urls":{"canonical":"https://secwatch.observer/filing/0000885550-24-000147","json":"https://secwatch.observer/filing/0000885550-24-000147.json","markdown":"https://secwatch.observer/filing/0000885550-24-000147.md","text":"https://secwatch.observer/filing/0000885550-24-000147.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885550/000088555024000147/0000885550-24-000147-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885550/000088555024000147/cacc-20241220.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T23:57:43.594194+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"}