Credit Acceptance Corporation is an auto finance company providing automobile loans and other related financial products. The company operates its financial program through a national network of dealer-partners, the automobile dealers participating in the programs.
Credit Acceptance Corp. provides auto loans to consumers. The company offers products through 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 to the products. It offers two programs: Portfolio and the Purchase program. The company was founded by Donald A. Foss in 1972 and is headquartered in Southfield, MI.