Credit Acceptance Net Long-Term Debt 2010-2025 | CACC
Credit Acceptance annual/quarterly net long-term debt history and growth rate from 2010 to 2025. Net long-term debt can be defined as the net amount of long term debt issued and repaid. This field is either calculated as the sum of the long term debt fields or used if a company does not report debt issued and repaid separately
- Credit Acceptance net long-term debt for the quarter ending March 31, 2025 was $355M, a 22.06% decline year-over-year.
- Credit Acceptance net long-term debt for the twelve months ending March 31, 2025 was $3.883B, a 223.92% increase year-over-year.
- Credit Acceptance annual net long-term debt for 2024 was $1.373B, a 210.45% increase from 2023.
- Credit Acceptance annual net long-term debt for 2023 was $0.442B, a 871.73% decline from 2022.
- Credit Acceptance annual net long-term debt for 2022 was $-0.057B, a 156.29% decline from 2021.
Credit Acceptance Annual Net Long-Term Debt
(Millions of US $) |
| 2024 |
$1,373 |
| 2023 |
$442 |
| 2022 |
$-57 |
| 2021 |
$102 |
| 2020 |
$-29 |
| 2019 |
$899 |
| 2018 |
$592 |
| 2017 |
$457 |
| 2016 |
$594 |
| 2015 |
$394 |
| 2014 |
$347 |
| 2013 |
$83 |
| 2012 |
$253 |
| 2011 |
$405 |
| 2010 |
$139 |
| 2009 |
$-171 |
| Sector |
Industry |
Market Cap |
Revenue |
| Finance |
Finance - Consumer Loands |
$5.867B |
$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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