Credit Acceptance Named One of U.S. News’ Best Companies to Work For, Earning Top Honors in Financial Services and Midwest Region
20 Junho 2024 - 5:02PM
Credit Acceptance Corporation (Nasdaq: CACC)
(referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or
“us”) was named one of U.S. News’ Best Companies to Work For. In
addition, the Company was named one of the Best in Financial
Services and Best Companies in the Midwest, placing it in the top
25% of companies in each industry and region.
“These recognitions are a direct result of our
listening culture,” said Ken Booth, Chief Executive Officer. “By
fostering a strong work environment, we empower our team members to
perform at their best, which in turn furthers our mission to make
car ownership accessible.”
Credit Acceptance is routinely recognized as one
of the best places to work by team members. This year, the Company
was ranked 39th in the 100 Best Companies to Work For®, its tenth
recognition in the category. Additionally, Credit Acceptance was
named a Top Workplaces USA Award winner for the fourth year in a
row and one of People Magazine’s Companies that Care, among many
others.
To calculate the U.S. News Best Companies to
Work For list, U.S. News only considered companies that were a part
of the Russell 3000 index as of June 2023 and had more than 75
Glassdoor reviews written between 2020-2023. Only the top 25% of
companies in each region and industry were selected in their
respective lists. Relevant data, including employee sentiment and
regulatory enforcement data, was gathered from partners Revelio
Labs, Good Jobs First's Violation Tracker, and QUODD to calculate
the six metrics used in the list. For further details on how the
metric scores were calculated, see the methodology.
About Credit Acceptance
We make vehicle ownership possible by providing
innovative financing solutions 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.
Investor Relations: Douglas W. Busk
Chief Treasury Officer
(248) 353-2700 Ext. 4432
IR@creditacceptance.com
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