{"schema_version":"secwatch.filing_event.v1","accession":"0000885550-26-000009","form_type":"8-K","ticker":"CACC","cik":"0000885550","company_name":"CREDIT ACCEPTANCE CORP","filed_at":"2026-01-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.917425+00:00","generated_at":"2026-05-16T06:47:02.496494+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Credit Acceptance Q4 GAAP EPS $10.99; net income down 20% YoY; sets $75.5M legal reserve","bullets":["GAAP net income $122.0M ($10.99/sh) vs $151.9M ($12.26) in Q4 2024; adjusted net income $126.0M ($11.35/sh), flat YoY.","Loan unit volume 71,731 (-9.1% YoY); dollar volume $821.3M (-11.3% YoY); active dealers 9,863 (-2.8%).","Contingent legal loss of $35.8M in Q4; cumulative $82.6M; potential settlement of $75.5M with states/NY AG.","Repurchased 425,000 shares (3.8% of shares outstanding) for $191.4M in Q4.","Forecasted collection rates declined $34.2M (0.3%); average loan balance $7.9B."],"urls":{"canonical":"https://secwatch.observer/filing/0000885550-26-000009","json":"https://secwatch.observer/filing/0000885550-26-000009.json","markdown":"https://secwatch.observer/filing/0000885550-26-000009.md","text":"https://secwatch.observer/filing/0000885550-26-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885550/000088555026000009/0000885550-26-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885550/000088555026000009/cacc-20260129.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T06:47:02.496494+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"}