Business
Credit Acceptance Named to the 2022 Fortune 100 Best Companies to Work For® List by Great Place to Work® and Fortune Magazine
Southfield, Michigan , April 13, 2022 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”,
About this update from Credit Acceptance Corporation
[{"type":"text","content":"Southfield, Michigan , April 13, 2022 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named, for the eighth time in nine years, to the Fortune 100 Best Companies to Work For® list. This highly competitive list, to which thousands of organizations apply, recognizes companies that have exceptional workplace cultures. We are proud to be ranked #49 out of the best companies in America. At Credit Acceptance, we believe everyone deserves a chance at a better financial future. For 50 years, we have been providing consumers with less than prime credit an opportunity to improve their lives by obtaining a vehicle through our nationwide network of dealers. Our great culture puts our team members in the best position to help our dealers and customers succeed, which in turn changes the lives of our shareholders by creating greater financial success. “We believe in taking care of our team members and can be proud of what we’ve accomplished together,” said Ken Booth, Chief Executive Officer. “Once again being named to the Fortune 100 Best Companies to Work For® list highlights what all of us that work here already know—we have a unique and amazing culture. We strive to create a workplace where team members look forward to coming to work each day—whether in person or virtually—because they know Credit Acceptance can positively change their life and they in turn can change the lives of our dealers and customers.” Over the years, our product has positively changed the lives of thousands of dealers and millions of customers. Customers like Kyle C. from Buffalo, New York. Kyle had recently graduated from high school and needed a vehicle to get back and forth to college. He was driving an unreliable vehicle that broke down on the side of the road. The vehicle was old, and it was cost prohibitive to repair it. Kyle was 18 at the time, with no credit history and no one to cosign. He tried and failed to find a lender that would take a chance on him. We were able to finance Kyle’s purchase of a reliable vehicle. He returned our faith in him by making all his payments. Not only did he pay but with our encouragement he paid on time, which he said had a dramatic impact on his credit score. He ended up trading in the vehicle he financed with us for a newer ve...