Credit Acceptance Corp CACC

Credit Acceptance Corp is a consumer finance company that specializes in automobile loans. These loans are offered through a U.S. nationwide network of automobile dealers that benefit from sales of vehicles to consumers who could otherwise not obtain financing. The company also benefits from repeat and referral sales, and from sales to customers responding to advertisements for financing, but qualify for traditional financing. The company derives its revenue from finance charges, premiums earned on the reinsurance of vehicle service contracts, and other fees. Of these, financing charges, including servicing fees, are by far a source of revenue.

• Zacks Investment Research 1 oct

  Encore Capital Stock Soars 73.8% YTD: Is There Further Upside Left?

  Encore Capital Group (ECPG) has surged 73.8% YTD, outperforming peers and the S&P 500. The company benefits from robust U.S. portfolio supply, record collections of $1.46B, and raised 2026 guidance for $1.40-$1.50B in purchases and $13-$14 GAAP EPS. However, heavy U.S. concentration (85.3% of purchases), rising legal expenses (+25.8% YoY), and funding costs pose risks. ECPG trades at a forward P/E of 6.58X, below industry average, and carries a Zacks Rank #2 (Buy) rating.

  

• GlobeNewswire Inc. 27 jul

  Credit Acceptance Announces Leadership Changes to Advance Digital-First Strategy

  Credit Acceptance Corporation announced significant leadership changes on July 27, 2026, including the appointment of Siddharth Lal as Chief Marketing Officer to lead integrated marketing and product efforts. The company also plans to hire a new Chief Technology Officer by late August. Andrew Rostami (Chief Product and Marketing Officer) and Ravi Mohan (Chief Technology Officer) will step down effective August 14, 2026. Additionally, Kenneth Booth retired from the board of directors, reducing board size from six to five members. These changes are designed to support the company's digital-first strategy and next phase of growth.

  

• The Motley Fool 11 jul

  Subprime Auto Loans Just Hit Their Worst Delinquency Rate in 32 Years. Here's What It Means for Lenders.

  Subprime auto loan delinquency rates have reached 6.8% at the start of 2026, the worst in 32 years and exceeding Great Recession levels. This poses significant risks to subprime lenders like OneMain Holdings and Credit Acceptance, whose loan portfolios are underperforming. Capital One Financial, which uses more stringent lending criteria, maintains healthier delinquency rates and is a safer alternative for investors seeking exposure to lower-credit customers.