The Culture At Credit Acceptance

(244 Jobs)
Information provided by the company
Our flexible schedule, relaxed work environment and culture of having fun make this a Great Place to Work.

Credit Acceptance Overview

Credit Acceptance is a proven industry leader, and has been copied by many. The difference between Credit Acceptance and others trying to emulate our business model is our experience and our commitment to helping deserving consumers receive a fresh start. Credit Acceptance was founded in 1972 by Don Foss, one of the world's largest independent used car dealers in the 1970's and 1980's. Credit Acceptance is an indirect auto finance company, working with car dealers nationwide to enable them to sell cars to consumers on credit regardless of their credit history. Without our product, consumers may be unable to purchase a vehicle, may purchase an unreliable one, or may not have the opportunity to improve their credit score.
The staff at Credit Acceptance come from unusually diverse demographic backgrounds. The company is 58.5% female and 34.3% ethnic minorities. Credit Acceptance employees are slightly more likely to be members of the Republican Party than the Democratic Party, with 55.0% of employees identifying as members of the Republican Party. Despite their political differences, employees at Credit Acceptance seem to be happy. The company has great employee retention with staff members usually staying for 4.1 years. The average employee at Credit Acceptance makes $38,240 per year. Pay at Credit Acceptance is significantly lower than some of its highest paying competitors, like Morgan Stanley, Legg Mason, and T. Rowe Price, which pay $105,676, $87,541, and $78,672, respectively.
Based in Southfield, MI, Credit Acceptance is a key player in the finance industry with 1,000 employees and an annual revenue of $1.5B.

Industry

Financial

Revenue

$1.5B

Employees

1,000

Founded in

1972

Headquarters

Southfield, MI

Website

www.creditacceptance.com

Organization Type

Public

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Credit Acceptance Employee Reviews

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4.0

Zippia UserSeptember 2021

4.0

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What Do You Like About Working There?

I like the supervisors, colleagues, and pay.

What DON'T You Like About Working There?

Micro managing call center environment can be stressful.

What Are Your Favorite Benefits/Perks?

Uncapped bonuses each month.
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The Team At Credit Acceptance

    Brett Roberts (CEO)

    Donald Foss (Founder)

Credit Acceptance Company Rankings

Credit Acceptance is ranked #18 on the Best Finance Companies to Work For in Michigan list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Credit Acceptance Salaries

How much does Credit Acceptance pay?
The national average salary for a Credit Acceptance employee in the United States is $38,240 per year. Employees in the top 10 percent can make over $66,000 per year, while employees at the bottom 10 percent earn less than $22,000 per year.
7.0
Salary Score
Average Employee Earnings

Credit Acceptance Salaries By Job Title

While Credit Acceptance employees earn an average yearly salary of $38,240, different roles can command different wages. Some of the job titles with high salaries at Credit Acceptance are Director Of Sales, Senior Information Technology Developer, Senior Software Engineer, and Information Technology Manager. A typical Director Of Sales salary at Credit Acceptance is $118,586 per year. Other roles at Credit Acceptance include Cashier and Customer Service Representative. A Cashier at Credit Acceptance earns an average yearly salary of $26,528.
Job Title
Title
ascdesc
Average Salarydesc
Director Of Sales
Salary Range109k - 128k$119k$118,586
Senior Information Technology Developer
Salary Range90k - 100k$95k$95,422
Senior Software Engineer
Salary Range87k - 101k$94k$94,021
Information Technology Manager
Salary Range85k - 94k$89k$89,442
Data Warehouse Developer
Salary Range79k - 85k$82k$82,448
Compliance Auditor
Salary Range63k - 72k$67k$67,440
Database Administrator
Salary Range61k - 69k$66k$65,598
Business Intelligence Analyst
Salary Range60k - 67k$64k$63,566
Operations Support Supervisor
Salary Range53k - 61k$58k$57,527
Team Leader
Salary Range48k - 64k$56k$55,605
$34k
$128k

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Credit Acceptance Careers

On average, employees at Credit Acceptance stay with the company for 4.1 years. Employees most commonly join Credit Acceptance after leaving Ford Motor. When they leave Credit Acceptance, they most frequently get their next job at Comcast.

Average Length of Employment

Top Employers Before Credit Acceptance

Top Employers After Credit Acceptance

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Credit Acceptance Employee Demographics

9.7
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

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Credit Acceptance Employees Education

Of the 1,000 employees at Credit Acceptance, 16.4% attended Wayne State University. Employees at Credit Acceptance most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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Credit Acceptance Employee Political Affiliation

Credit Acceptance employees are most likely to be members of the Republican Party. The largest donation made to a political party by a Credit Acceptance employee was by Donald Foss. Donald Foss donated $175,000 to the Republican Party.

Employee Political Donations

NameJob TitlePartyDonation
Donald FossExecutive
ExecutiveRepublican Party
$175,000Republican Party
Don FossExecutive
ExecutiveRepublican Party
$7,500Republican Party
Nathan WraySoftware Engineer
Software EngineerDemocratic Party
$3,838Democratic Party
Doug BuskBanker
BankerRepublican Party
$1,500Republican Party
Leena ThomasData Analyst
Data AnalystDemocratic Party
$1,473Democratic Party
KIM HallAnalyst
AnalystDemocratic Party
$1,067Democratic Party
Brett RobertsExecutive
ExecutiveRepublican Party
$750Republican Party
Christopher MooreAttorney
AttorneyRepublican Party
$500Republican Party
Mario BearArea Manager
Area ManagerDemocratic Party
$300Democratic Party
Rodney DebonisMarket Manager
Market ManagerRepublican Party
$250Republican Party
Show More

Credit Acceptance Employment Videos

Credit Acceptance Financial Performance

9.6
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1972

Organization type

Public

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Credit Acceptance Competitors

Based on our research, similar companies to Credit Acceptance are Morgan Stanley, Legg Mason, and T. Rowe Price. The average salaries at Morgan Stanley rank the highest, with their employees earning an average salary of $105,676 per year. The salaries at Legg Mason average $87,541 per year, and the salaries at T. Rowe Price come in at $78,672 per year.
Companydesc
Average Salarydesc
Morgan Stanley
Salary Range78k - 141k$106k$105,676
Legg Mason
Salary Range67k - 113k$88k$87,541
T. Rowe Price
Salary Range58k - 106k$79k$78,672
The Vanguard Group
Salary Range53k - 94k$71k$71,283
Citigroup
Salary Range46k - 97k$67k$67,460
Ally Financial
Salary Range38k - 80k$56k$55,789
KeyBank
Salary Range36k - 75k$52k$52,142
Capital Management Services, LP
Salary Range27k - 66k$43k$42,891
M&T Bank
Salary Range28k - 57k$41k$40,713
Fifth Third Bank
Salary Range26k - 58k$39k$39,330
$24k
$141k

Frequently Asked Questions about Credit Acceptance

When was Credit Acceptance founded?

Credit Acceptance was founded in 1972.

How many Employees does Credit Acceptance have?

Credit Acceptance has 1,000 employees.

How much money does Credit Acceptance make?

Credit Acceptance generates $1.5B in revenue.

What industry is Credit Acceptance in?

Credit Acceptance is in the financial industry.

What type of company is Credit Acceptance?

Credit Acceptance is a public company.

Who are Credit Acceptance's competitors?

Credit Acceptance competitors include Sallie Mae, Citigroup, The Vanguard Group, T. Rowe Price, Ally Financial, Legg Mason, Fifth Third Bank, M&T Bank, Morgan Stanley, KeyBank, BCS Financial, Pioneer Credit, Navient, Transworld Systems, CBE Companies, Nationwide Credit, Diversified Consultants, Capital Management Services, LP, General Revenue, National Enterprise Systems.

Who works at Credit Acceptance?

Brett Roberts (CEO)

Donald Foss (Founder)

Where is Credit Acceptance's headquarters?

Credit Acceptance's headquarters is in Southfield, MI.

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Zippia gives an in-depth look into the details of Credit Acceptance, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Credit Acceptance. The employee data is based on information from people who have self-reported their past or current employments at Credit Acceptance. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Credit Acceptance and its employees or that of Zippia.

Credit Acceptance may also be known as or be related to CREDIT ACCEPTANCE CORP, Credit Acceptance and Credit Acceptance Corporation.