Credit Acceptance extends revolving period of $75 million loan to 2026

By Wendy Van Sickle

Columbus, Ohio, Aug. 4 – Credit Acceptance Corp. extended the date on which its $75 million revolving secured warehouse facility will cease to revolve to Sept. 30, 2026 from Sept. 30, 2024, according to a news release Friday.

As of April 28, the company had no borrowings outstanding under the facility.

Southfield, Mich.-based Credit Acceptance provides consumer auto loans.

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