---
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"
generated_at: "2026-05-24T00:13:18.517755+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Credit Acceptance reports record 2024 loan assignments of 386,126; portfolio reaches $8.9B

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000885550-25-000037
- JSON: https://secwatch.observer/filing/0000885550-25-000037.json
- Plain text: https://secwatch.observer/filing/0000885550-25-000037.txt

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