Investor Relations: Douglas W. BuskSenior Vice President and Treasurer(248) 353-2700 Ext. 4432IR@creditacceptance.com
Southfield, Michigan, March 29, 2018 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ: CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") has earned an additional award based on a ranking released by Great Place to Work ® and FORTUNE. Credit Acceptance was named to the 2018 Best Workplaces in Financial Services & Insurance list for the third year in a row. We were named #7 among the country's Best Workplaces in Financial Services & Insurance for the large company category. Last year we were ranked #10 and this year, we've moved up three spots. We earned this ranking based on team members' responses to questions about how frequently they experience the behaviors that create a great workplace. These include team member pride in the organization's community impact, belief that their work makes a difference, and feeling their work has special meaning. To see the complete 2018 List of Best Workplaces in Financial Services & Insurance, visit greatplacetowork.com/2018 . About Credit Acceptance Since 1972, Credit Acceptance has offered financing programs that enable automobile dealers to sell vehicles to consumers, regardless of their credit history. Our financing programs are offered through a 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 for our financing programs, but who actually end up qualifying for traditional financing. Without our financing programs, consumers are often unable to purchase vehicles or they purchase unreliable ones. Further, as we report to the three national credit reporting agencies, an important ancillary benefit of our programs is that we provide consumers with an opportunity to improve their lives by improving their credit score and move on to more traditional sources of financing. Credit Acceptance is publicly traded on the NASDAQ under the symbol CACC. For more information, visit creditacceptance.com . About The Best Workplaces in Financial Services & Insurance The Best Workplaces in Financial Services & Insurance rankings are based on feedback from more than 62,450 employees at Great Place to Work Certified organizations in the financial services and insurance sectors. Employees completed the anonymous Trust Index © survey, answering questions about how frequently they experience the building blocks of a great workplace. Employees rate leadership strength and integrity, pride in their work and organization, opportunities for professional growth and support for work-life balance among other factors. Results from the survey are highly reliable, having a 95 percent confidence level and a margin of error of 5 percent or less.