{"schema_version":"secwatch.filing_event.v1","accession":"0000885550-25-000037","form_type":"8-K","ticker":"CACC","cik":"0000885550","company_name":"CREDIT ACCEPTANCE CORP","filed_at":"2025-04-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.609140+00:00","generated_at":"2026-05-24T00:13:18.517755+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Credit Acceptance reports record 2024 loan assignments of 386,126; portfolio reaches $8.9B","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."],"urls":{"canonical":"https://secwatch.observer/filing/0000885550-25-000037","json":"https://secwatch.observer/filing/0000885550-25-000037.json","markdown":"https://secwatch.observer/filing/0000885550-25-000037.md","text":"https://secwatch.observer/filing/0000885550-25-000037.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885550/000088555025000037/0000885550-25-000037-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885550/000088555025000037/cacc-20250402.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T00:13:18.517755+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"}