Core Insights - Credit Acceptance Corporation has been recognized as one of the 2025 US Fortune Best Workplaces for Women™, ranking 11 on the Top 100 Large Company list, an improvement of 18 spots from the previous year [1][2] - The company emphasizes a remote-first work environment and initiatives like "DrivHER," a resource group for female team members, to support women's professional growth [2][3] - Credit Acceptance has received ten workplace awards this year, including 34 on Fortune's 2025 100 Best Companies to Work For list and 1 on the 2025 Top Workplaces for Remote Work list [3] Company Overview - Credit Acceptance provides innovative financing solutions that enable automobile dealers to sell vehicles to consumers regardless of their credit history [4] - The company's financing programs help consumers improve their credit scores, allowing them to transition to more traditional financing options [5] Industry Context - The 2025 Fortune Best Workplaces for Women list was created by analyzing survey responses from nearly 605,000 women employees at Great Place To Work Certified companies [6] - Eligibility criteria for the list include having at least 50 women employees, 20% of non-executive managers being women, and at least one female C-suite executive [6]

Core Insights - Credit Acceptance Corporation has been recognized as a 2025 Top Workplace for Remote Work, ranking 1 in the 1,000-2,499 employee category, an improvement from the previous year [1] - The company emphasizes a remote-first policy, with 95% of team members agreeing that it is a great place to work, highlighting the importance of flexibility and work-life balance [2] - This recognition is part of a broader trend, as the company has received eight workplace awards this year, including 34 on Fortune's 2025 100 Best Companies to Work For list [3] Company Overview - Credit Acceptance provides innovative financing solutions that enable automobile dealers to sell vehicles to consumers regardless of their credit history [4] - The financing programs help consumers who might otherwise be unable to purchase vehicles, allowing them to improve their credit scores and access traditional financing options in the future [5] Recognition and Awards - The Top Workplaces Awards are based on a survey by Energage, which measures 15 Culture Drivers that predict high performance against industry benchmarks [3] - The company has achieved notable rankings in various workplace awards, reflecting its commitment to employee satisfaction and a positive work culture [3]

Group 1 - Credit Acceptance Corporation has extended the maturity date of its $75.0 million revolving secured warehouse facility from September 30, 2026, to September 30, 2028 [1] - The interest rate on borrowings under the facility has decreased from SOFR plus 210 basis points to SOFR plus 185 basis points [1] - The servicing fee has been reduced from 6.0% to 4.0% of collections on the underlying consumer loans [1] Group 2 - As of July 11, 2025, there was no outstanding balance under the facility [2] - Credit Acceptance Corporation provides innovative financing solutions that enable automobile dealers to sell vehicles to consumers regardless of their credit history [3] - The financing programs are offered through a nationwide network of automobile dealers, benefiting from sales to consumers who otherwise could not obtain financing [3] Group 3 - Without these financing programs, consumers may struggle to purchase vehicles or may end up with unreliable options [4] - The company reports to the three national credit reporting agencies, allowing consumers to improve their credit scores and access more traditional financing sources [4] - Credit Acceptance Corporation is publicly traded on the Nasdaq Stock Market under the symbol CACC [4]