About Credit Acceptance Corp. - Company Information, Overview, History and Profile
What does Credit Acceptance Corp. do?
Credit Acceptance Corp is a consumer finance company that specializes in automobile loans. These loans are offered through a U.S. nationwide network of automobile dealers that benefit from sales of vehicles to consumers who could otherwise not obtain financing. The company also benefits from repeat and referral sales, and from sales to customers responding to advertisements for financing, but qualify for traditional financing. The company derives its revenue from finance charges, premiums earned on the reinsurance of vehicle service contracts, and other fees. Of these, financing charges, including servicing fees, are by far a source of revenue.
Credit Acceptance Corp. Management structure
All Gross Remunerations are in USD
Mr. Jay D. Martin
Chief Financial Officer and Principal Accounting Officer
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2024
Gross Remuneration
Year
Mr. Kenneth S. Booth
President, Chief Executive Officer and Director
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2024
Gross Remuneration
Year
Credit Acceptance Corp. Board of directors
All Gross Remunerations are in USD
Ms. Glenda J. Flanagan
Independent Director
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2024
Gross Remuneration
Year
Mr. Scott J. Vassalluzzo
Independent Director
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2024
Gross Remuneration
Year
Mr. Thomas N. Tryforos
Chairman of the Board and Lead Independent Directo