ABOUT US
Changing Lives Since 1972
Founded in 1972 by Don Foss, the world's largest independent used car dealer in the 1970's and 1980's, Credit Acceptance provides vehicle loans to consumers regardless of their credit history. Without our product, consumers may be unable to purchase a vehicle, may purchase an unreliable one, or may not have the opportunity to improve their credit score.
Credit Acceptance believes that individuals, if given the opportunity to establish or re-establish a positive credit history, will take advantage of that opportunity. By making timely monthly payments on their financed vehicles, many of our customers improve their credit score and move on to more traditional sources of financing.
Offered through a nationwide network of automotive dealer-partners, our Guaranteed Credit Approval Program provides dealer-partners with the opportunity to deliver credit approvals to consumers within 30 seconds through the Internet using our patented Credit Approval Processing System (CAPS).
Headquartered in Southfield, Michigan, with additional servicing centers in Southfield and Henderson, Nevada, Credit Acceptance is a rapidly growing and progressive Company led on the values of honesty, teamwork, learning, urgency and fun. Credit Acceptance is publicly traded on the NASDQ under the symbol CACC.