Credit Acceptance Corporation stock price

Credit Acceptance Corporation latest news:

  • 12/26/2017 08:30:57

    Rising Delinquencies Dominate 2017’s Top Subprime Headlines

    Despite the overall popularity of subprime, the sector has faced significant losses and increased fragmentation this year. While Credit Acceptance and Westlake Financial Services continue to express interest in subprime lending, Fitch Ratings found subprime ABS delinquencies have spiked to a 20-year high. Additionally, a stress test from S&P Global indicated a rise in both […]

  • 11/14/2017 10:52:56

    Flagship Restarts Originations of Thin-File Loans, Latest ABS Shows

    Flagship Credit Acceptance started to test out originating thin-file loans again, after the company halted those originations as one part of its strategy to lower losses, according to a pre-sale report from Kroll Bond Rating Agency. Flagship experienced an increase in losses in 2015 and 2016, due — in part — to an increase in full […]

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