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  2. Credit Acceptance - Wikipedia

    en.wikipedia.org/wiki/Credit_Acceptance

    The company operates two programs: the "Portfolio Program" and the "Purchase Program". Through these programs, the company can advance money to automobile dealers in exchange for the right to service the underlying consumer loans and can buy the consumer loans from automobile dealers. Credit Acceptance reported annual revenue of $1.49B for 2019 ...

  3. Credit Acceptance (CACC) Settles Auto-Loan Lawsuit, To Pay $27.2M

    www.aol.com/news/credit-acceptance-cacc-settles...

    Credit Acceptance (CACC) agrees to pay $27.2 million to settle the lawsuit filed by the Massachusetts Attorney General in August 2020 claiming that the company deceived auto-lending practices.

  4. GM Financial - Wikipedia

    en.wikipedia.org/wiki/GM_Financial

    The company provides retail loan and lease programs through auto dealers for customers across the credit spectrum. [4] They also offer commercial lending products, such as retail floorplan, construction and real estate loans, or insurance for car dealerships. Before its acquisition by GM, the company ranked at 768 on the Fortune 1000. [5]

  5. Credit Acceptance Auto Loan Trust 2019-3 -- Moody's upgrades ...

    www.aol.com/news/credit-acceptance-auto-loan...

    Rating Action: Moody's upgrades Credit Acceptance Auto Loan Trust 2019-3 notesGlobal Credit Research - 11 Mar 2022Approximately $114 million of debt securities affectedNew York, March 11, 2022 ...

  6. Car Loan Debt Is Soaring — Here’s What You Should ... - AOL

    www.aol.com/finance/car-loan-debt-soaring...

    Many Americans continue to rack up debt, including by taking on car loans they can't afford. Nationwide, auto loan debt reached nearly $1.6 trillion in the third quarter of 2023, a $71 billion...

  7. Ally Financial - Wikipedia

    en.wikipedia.org/wiki/Ally_Financial

    Ally Financial Inc. (known as GMAC until 2010) is a bank holding company incorporated in Delaware and headquartered at Ally Detroit Center in Detroit, Michigan.The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and other related financing services such as installment sale and lease agreements.

  8. Credit Acceptance Auto Loan Trust 2020-2 -- Moody's assigns ...

    www.aol.com/news/credit-acceptance-auto-loan...

    Moody's Investors Service ("Moody's") has assigned provisional ratings to the notes to be issued by Credit Acceptance Auto Loan Trust 2020-2 (CAALT 2020-2). This is the second securitization of ...

  9. DriveTime - Wikipedia

    en.wikipedia.org/wiki/DriveTime_Automotive_Group

    DriveTime is a private company headquartered in Tempe, Arizona. [3] The company's business model is focused on selling previously owned vehicles to car-buyers. [4] It uses a proprietary credit scoring model to finance car purchases at its dealerships in-house, [5] [6] including subprime lending.