Credit Acceptance Change in Assets/Liabilities 2010-2024 | CACC
Credit Acceptance annual/quarterly change in assets/liabilities history and growth rate from 2010 to 2024. Change in assets/liabilities can be defined as represents any other changes in assets/liabilities
- Credit Acceptance change in assets/liabilities for the quarter ending December 31, 2024 was $5M, a 71.81% decline year-over-year.
- Credit Acceptance change in assets/liabilities for the twelve months ending December 31, 2024 was $0.039B, a 57.83% decline year-over-year.
- Credit Acceptance annual change in assets/liabilities for 2024 was $0.005B, a 71.81% decline from 2023.
- Credit Acceptance annual change in assets/liabilities for 2023 was $0.019B, a 582.05% decline from 2022.
- Credit Acceptance annual change in assets/liabilities for 2022 was $-0.004B, a 80.3% decline from 2021.
Credit Acceptance Annual Change in Assets/Liabilities
(Millions of US $) |
| 2024 |
$5 |
| 2023 |
$19 |
| 2022 |
$-4 |
| 2021 |
$-20 |
| 2020 |
$2 |
| 2019 |
$6 |
| 2018 |
$-4 |
| 2017 |
$-7 |
| 2016 |
$-6 |
| 2015 |
$-1 |
| 2014 |
$-4 |
| 2013 |
$-2 |
| 2012 |
$1 |
| 2011 |
$-2 |
| 2010 |
$-1 |
| 2009 |
$1 |
| Sector |
Industry |
Market Cap |
Revenue |
| Finance |
Finance - Consumer Loands |
$5.827B |
$2.162B |
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Credit Acceptance Corporation being a credit services company, operates through one segment, primarily focusing on offering financing programs, and related products and services to automobile dealers in the U.S. enabling them to sell vehicles to consumers irrespective of their credit history. Credit Acceptance offers financing programs through a country-wide network of automobile dealers. Credit Acceptance has two loan programs. Under the Portfolio Program, the company gives money to dealers (called Dealer Loans) in exchange for the right to service the underlying Consumer Loan. Under the Purchase Program, the company buys Consumer Loans from the dealers (called Purchased Loan) and keeps all the money collected from the consumer. Further, Credit Acceptance through its wholly-owned subsidiary, VSC Re Company, is engaged in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company.
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