Credit Acceptance extended the date on which its $300 million revolving secured warehouse facility will cease to revolve from May 20, 2025, to Dec. 29, 2026. There were no other material changes to the terms of the facility.
As of December 29, 2023, Credit Acceptance did not have a balance outstanding under the facility.
Since 1972, Credit Acceptance has offered financing programs that enable automobile dealers to sell vehicles to consumers regardless of their credit history.
