Credit Acceptance Again Listed on PEOPLE Magazine 100 Companies that Care®
23 Agosto 2023 - 5:02PM
Credit Acceptance Corporation (Nasdaq: CACC)
(referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or
“us”) has been named one of PEOPLE Magazine’s 100 Companies That
Care® by Great Place To Work® and PEOPLE magazine. Credit
Acceptance was ranked 27th among the 100 companies that made the
list, up 57 spots from a year ago.
Based on survey responses and data from Great
Place to Work® from companies representing 7.5 million team
members’ experiences, the Companies That Care® list highlights the
top US companies that have succeeded in business while also
demonstrating outstanding respect, care, and concern for their team
members, their communities, and the environment. Companies are
assessed on how well they create great team member experiences that
cut across race, gender, age, disability status, or any aspect of
who team members are or their roles. Rankings also reflect Great
Place to Work’s® evaluation of the level of generosity of each
organization’s benefits and philanthropic and community
support.
“The Companies That Care recognition is unique
because it’s based on how well workplaces have positively changed
team members’ lives and impacted the broader community,” said Ken
Booth, Chief Executive Officer. “Improving people’s lives is at the
core of what we do at Credit Acceptance. It’s a purpose reinforced
at all levels of the organization, and as we continue to strengthen
our community’s culture, this award is an indication of our
progress.”
Credit Acceptance strives to go above and beyond
to drive possibility for its team members and community. Some
examples include the Company’s commitment to providing fair wages,
fair working hours, flexible schedules, and career development
opportunities to team members. The Company prides itself on its
strong workplace culture where people feel heard, respected, and
valued. Based on team members’ answers from Credit Acceptance’s
Great Place to Work® Trust Index Survey, the Company’s average
scores regarding fairness related to age, race, gender, and sexual
orientation are 98%, which is 3 percentage points above the 2023
Top 10 average.
Furthermore, Credit Acceptance also works to be
a service-oriented Company through volunteer efforts and
fundraising events. This year, through team members’ collective
efforts, Credit Acceptance successfully raised substantial funds to
grant the wishes of 17 individuals through the Make-A-Wish®
Foundation, in addition to making a significant contribution to St.
Jude Children's Research Hospital.
Credit Acceptance is consistently recognized as
one of the best places to work by team members. Earlier this year,
the Company ranked 34th in the 100 Best Companies to Work For® and
25th in Best Workplaces for Millennials® by Great Place to Work®
and Fortune. Additionally, Credit Acceptance ranked 8th as a Top
Workplaces USA 2023 Award winner.
About Credit
Acceptance
Since 1972, Credit Acceptance has offered
financing programs that enable automobile dealers to sell vehicles
to consumers, regardless of their credit history. Our financing
programs are offered through a nationwide network of automobile
dealers who benefit from sales of vehicles to consumers who
otherwise could not obtain financing; from repeat and referral
sales generated by these same customers; and from sales to
customers responding to advertisements for our financing programs,
but who actually end up qualifying for traditional financing.
Without our financing programs, consumers are
often unable to purchase vehicles, or they purchase unreliable
ones. Further, as we report to the three national credit reporting
agencies, an important ancillary benefit of our programs is that we
provide consumers with an opportunity to improve their lives by
improving their credit score and move on to more traditional
sources of financing. Credit Acceptance is publicly traded on the
Nasdaq Stock Market under the symbol CACC. For more information,
visit creditacceptance.com.
About PEOPLE
Companies That Care List
Great Place To Work selected the 2023 PEOPLE
Companies That Care List by gathering and analyzing over 1.3
million confidential survey responses from companies representing
more than 7.5 million U.S. employees at Great Place To Work
Certified™ organizations. Of those, 1.1 million responses came from
employees at companies eligible for the list and these rankings are
based on that feedback. Company rankings are derived from 60
employee experience questions within the Great Place To Work Trust
Index™ Survey.
Investor Relations: Douglas W. Busk
Chief Treasury Officer
(248) 353-2700 Ext. 4432
IR@creditacceptance.com
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