CACC: An Ideal Play on the Consumer, Auto, and Credit Markets
July 26, 2008
The current bear market in U.S. equities has been characterized by broad fears regarding credit, the subprime consumer, the collapsing auto market, and the health of financial institutions.
http://www.topix.com/com/cacc/2008/07/cacc…
Credit Acceptance Announces Completion of $100 Million Asset-Backed Financing
July 26, 2008
Credit Acceptance Corporation announced today the completion of a $100.0 million asset-backed non-recourse secured financing. via PrimeNewswire
http://www.topix.com/com/cacc/2007/10/cred…
Learn to manage your money effectively
July 26, 2008
JVS, a Southfield-based nonprofit, and Detroit Commerce Bank will present Credit and Budgeting for Today, a seminar on personal finance and money management. via Hometown Life
http://www.topix.com/com/cacc/2008/04/lear…
Credit Acceptance Announces Completion of $100 Million Asset-Backed Financing
July 26, 2008
Credit Acceptance Corporation announced today the completion of a $100.0 million asset-backed non-recourse secured financing. via PrimeNewswire
http://www.topix.com/com/cacc/2007/10/cred…
Missourians to get auto loan checks
July 26, 2008
“I’ve never heard of or seen any other case in which judgments are set aside in wholesale quantities as part of the resolution of the case”
More than 11 years after it was sued for automobile installment contract overcharges, Credit Acceptance Corp. is sending checks to 15,000 Missourians as part of a $50 million-plus settlement.
The first wave of checks went out in the mail last month and the second wave is expected to be mailed before the end of this month, said Dale Irwin, an attorney for the plaintiffs.
The settlement calls for Credit Acceptance to write off $39 million in outstanding account balances and to distribute $13.1 million in cash to eligible car owners who financed used-car purchases through the company. Read more
http://www.topix.com/com/cacc/2008/02/miss…
Missourians to get auto loan checks
July 26, 2008
“I’ve never heard of or seen any other case in which judgments are set aside in wholesale quantities as part of the resolution of the case”
More than 11 years after it was sued for automobile installment contract overcharges, Credit Acceptance Corp. is sending checks to 15,000 Missourians as part of a $50 million-plus settlement.
The first wave of checks went out in the mail last month and the second wave is expected to be mailed before the end of this month, said Dale Irwin, an attorney for the plaintiffs.
The settlement calls for Credit Acceptance to write off $39 million in outstanding account balances and to distribute $13.1 million in cash to eligible car owners who financed used-car purchases through the company. Read more
http://www.topix.com/com/cacc/2008/02/miss…
Credit Acceptance Announces Completion of $100 Million Asset-Backed Financing
July 26, 2008
Credit Acceptance Corporation announced today the completion of a $100.0 million asset-backed non-recourse secured financing. via PrimeNewswire
http://www.topix.com/com/cacc/2007/10/cred…
Credit-market crisis batters Origen Financial’s bottom line
July 26, 2008
“The bank, like every other investment bank on the street, wanted to shrink its balance sheet, and we were caught up in the crunch”
Origen Financial Inc .’s core customer is a low-income person with good credit who wants to finance the purchase of a manufactured home. via Crain’s Detroit Business
http://www.topix.com/com/cacc/2008/03/cred…
Credit Acceptance Announces Completion of $100 Million Asset-Backed Financing
July 26, 2008
Credit Acceptance Corporation announced today the completion of a $100.0 million asset-backed non-recourse secured financing. via PrimeNewswire
http://www.topix.com/com/cacc/2007/10/cred…
Credit Trade A Strike Out For State Officials
July 26, 2008
“There’s not that much knowledge of them out in the community”
Brownfields program fails to take hold In June 2006, worried that too few developers were cleaning up and building on polluted industrial sites, the Massachusetts Legislature expanded the 1998 brownfields tax … via Http
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