Trade Credit Acceptance - CACC CFD

Trading Conditions

• Type: CFD
• Spread: 1.41
• Long position overnight funding adjustment: -0.02151%
• Short position overnight funding adjustment: -0.00071%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 0.01
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: 420.85
• Open: 419.99
• 1-Year Change: -18.11%
• Day's Range: 419.44 - 427.13

Trade Credit Acceptance - CACC CFD

What is Credit Acceptance (CACC)?

Credit Acceptance Corporation is a financial services company specializing in the automotive industry. It primarily operates as an indirect auto finance company, providing financing solutions to consumers through a network of automobile dealers. The company focuses on subprime borrowers, offering credit to individuals who may have difficulty obtaining traditional financing due to limited or poor credit history. Credit Acceptance's business model involves purchasing installment contracts from dealers, assuming the credit risk associated with these contracts. The company then collects payments directly from consumers. Established in the mid-1970s, Credit Acceptance has developed a proprietary risk management system to assess and manage credit risk effectively. Its operations include dealer support services, credit evaluation, and portfolio management. The company serves a broad geographic area within the United States and has built relationships with a significant number of independent and franchised automobile dealers. Its activities contribute to facilitating vehicle ownership for consumers with diverse credit profiles.

Credit Acceptance Stock Price Today: Live Overview

The price today is shaped by market movements influencing Credit Acceptance, which currently stands at $422.52. Its session range has been from $419.44 up to $428.83, with a daily change percentage of +0.0975%.

FAQ: Credit Acceptance (CACC)

What is the current price of CACC stock?

The current price is $422.52.

Does CACC pay dividends?

Dividends are paid by the company via cash distributions (if applicable).

Does CACC have a formal corporate presence or regional headquarters in the UAE?

Credit Acceptance does not have an official regional office, subsidiary, or registered presence in the UAE and operates through partners or distributors.

What is CACC best known for?

The company is most famous for providing specialized auto loan financing solutions.

What assets are typically shown together with CACC?

Commonly shown alongside CACC: Hunting, Limoneira Co, Pitney Bowes Inc