Michigan-Based Credit Acceptance Corp Posts Strong Q1

With sales force and loan terms increasing, Credit Acceptance Corp is on the rise. With a 9.8 million dollar increase in net income in comparison to last year’s first quarter, the company has proudly reflected on its accomplishments. Loan contract terms have reached a competitive length of 48 months, in comparison to the past’s 36 months, which now gives Credit Acceptance Corp a tactical advantaged to expanding its edge on the competition. A redesigned focus that’s geared towards positive collections and dealer support adds hope for a promising future. Such hope aspires that in four years this quarter will be viewed as the great launch off that birthed great future success.

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