Credit Acceptance Overview

Credit Acceptance Corporation is an auto finance company providing automobile loans and other related financial products. The company provides high interest loans to people who dont have great credit.
The staff at Credit Acceptance come from unusually diverse demographic backgrounds. The company is 58.6% female and 34.2% ethnic minorities. Even though it has great demographic diversity, Credit Acceptance notably lacks in political diversity. It has an unusually high proportion of employees who are members of the Republican Party, at 72.7%. Despite having coworkers who agree with each other about politics, employees at Credit Acceptance tend to have relatively short tenures. Staff members usually stay with the company for 2.9 years. The average employee at Credit Acceptance makes $44,960 per year. In comparison, some of its highest paying competitors, like American Credit Card Processing, Certified Credit Reporting, and TD Auto Finance, pay $57,900, $57,398, and $53,222, respectively.
Based in Michigan, Credit Acceptance is a key player in the finance industry with 1,609 employees and an annual revenue of $840.3M.

Industry

Finance

Revenue

$840.3M

Employees

1,609

Founded in

1972

Headquarters

Southfield, MI

Website

www.creditacceptance.com

Organization Type

Public

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The Team At Credit Acceptance

Key People
  • Donald Foss (founder)
  • Brett Roberts (ceo)

The Culture At Credit Acceptance

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

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Credit Acceptance Rankings

Credit Acceptance is ranked #94 on the Best 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 $44,960 per year. Employees in the top 10 percent can make over $77,000 per year, while employees at the bottom 10 percent earn less than $26,000 per year.
7.1
Salary Score
Average Employee Earnings

Credit Acceptance Salaries By Job Title

While the average employee salary at Credit Acceptance is $44,960, there is a big variation in pay depending on the role. Some of the positions that earn high wages at Credit Acceptance include Project Leader, Developer, Front End Supervisor, and Automation Tester. A worker with the title Project Leader salary at Credit Acceptance can earn an average yearly salary of $83,128. Some of the other roles at Credit Acceptance are Cashier and Collections, Customer Service. A worker with the title Cashier at Credit Acceptance earns an average salary of $23,293 per year.

Credit Acceptance Careers

On average, employees at Credit Acceptance stay with the company for 2.9 years. Employees most commonly join Credit Acceptance after leaving Ford Motor Company. When they leave Credit Acceptance, they most frequently get their next job at Comcast.

Average Length of Employment

Credit Acceptance

2.9 years
IC System2.7 years
Top Employers Before Credit Acceptance
Verizon9.2 %
Comcast9.2 %
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Top Employers After Credit Acceptance
Comcast12.6 %
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Credit Acceptance Financial Performance

9.9
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

$100M - $1B

Founded in

1972

Organization type

Public

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Credit Acceptance Competitors

Some of the competitors of Credit Acceptance are American Credit Card Processing, Certified Credit Reporting, and TD Auto Finance. The average salaries at American Credit Card Processing rank the highest, with their employees earning an average salary of $57,900 per year. Employees at Certified Credit Reporting earn an average of $57,398 per year, and the employees at TD Auto Finance earn an average salary of $53,222 per year.

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 1,609 employees.

How much money does Credit Acceptance make?

Credit Acceptance generates $840.3M in revenue.

What industry is Credit Acceptance in?

Credit Acceptance is in the finance industry.

What type of company is Credit Acceptance?

Credit Acceptance is a public company.

Who are Credit Acceptance's competitors?

Credit Acceptance competitors include Exeter Finance, IC System, Pioneer Credit Recovery, Van Ru Credit, Capital Management Services L.P., Consumer Portfolio Services, American Credit Card Processing, Navient, Allied Interstate, TD Auto Finance, Asset Acceptance Holdings, American Recovery Systems, Firstsource Advantage, Transworld Systems, Credit Control Services, Arrow Financial Services, Certified Credit Reporting, CashCall, Sallie Mae Bank, Dollar Financial Group.

Who works at Credit Acceptance?

Donald Foss (founder)

Brett Roberts (ceo)

Where is Credit Acceptance's headquarters?

Credit Acceptance's headquarters is in Southfield, MI.

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You can find out what it is like to work at Credit Acceptance, also known as CREDIT ACCEPTANCE CORP, Credit Acceptance and Credit Acceptance Corporation.

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.