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Credit Acceptance Increases, Extends Asset-Backed Financing
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Credit Acceptance Increases, Extends Asset-Backed Financing
Jun 21, 2024 2:16 PM

04:50 PM EDT, 06/21/2024 (MT Newswires) -- Credit Acceptance ( CACC ) said late Friday it increased its asset-backed financing to $300 million from $200 million.

The date on which the financing will cease to revolve has been extended to June 15, 2027, from Dec. 15, 2025, the company said.

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