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3.8
12 ratings
4.0
Salary & Benefits
4.0
Professional growth
3.7
Work-Life balance
3.6
Recognition & Support
3.8
Culture & Values
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Credit Acceptance was founded in 1972 and has enabled many automobile dealers to sell vehicles to consumers irrespective of their credit status. The company has finance programs spread through a nationwide network of automobile dealers. The company is located in Southfield, Michigan, USA. The credit program has benefited many people to purchase vehicles, particularly those who have issues with credit status. The company reports to the existing credit reporting agencies to allow consumers to improve their credit status and ultimately qualify for more traditional financing. The company has come into partnerships and signed contracts with dealers who enjoy incentives to sell their vehicles that last the term of the contracts.

Company - Public
$1B to 2B
Large
Multiple locations
Credit Intermediation Companies
1972
What departments Credit Acceptance employees work at?
DepartmentsRatio
other occupation41%
Administrative11.5%
Sales Managers & Supervisors10.7%
Computer / IT - Other9.9%
Management9.6%
Accounting / Finance - Other9%
Human Resources8.2%
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Team

Professional experience

How many years of experience do Credit Acceptance employees have before joining?
Years of experience at Credit Acceptance: Newcomers: 19%, Experiencers: 19%, Experts: 25%, Veterans: 37%. Credit Acceptance employees have 8+ years experience on average before joining.
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Where did Credit Acceptance employees work before joining?
Where they've worked before Credit Acceptance: Allegis Global Solutions, Asset Acceptance Capital Corp, Encore Capital Group. Typical Credit Acceptance employees have worked at Allegis Global Solutions.
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Allegis Global Solutions
Asset Acceptance Capital Corp
Encore Capital Group
What industries did Credit Acceptance employees work in previously?
Industry Background: The most typical industries of Credit Acceptance: Motor Vehicle Retailers, Computer Systems Design Companies, Motor Vehicle Wholesalers, Commercial Banking Companies, Consulting Companies. Credit Acceptance employees most likely come from a Motor Vehicle Retailers industry background.
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Where did Credit Acceptance employees work before joining?
Past employers' size at Credit Acceptance: Small: 23%, Medium: 14%, Large: 63%. Most Credit Acceptance employees have previously worked at large companies.
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Educational background

What did employees at Credit Acceptance study?
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Where did employees at Credit Acceptance study?
Central Michigan University
Eastern Michigan University
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Employee data

How long do people stay in a role at Credit Acceptance?
Time employed at Credit Acceptance: <1: 14%, 1-3: 31%, 4-8: 33%, 9-13: 12%, 14-20: 8%, 20+: 2%. Most Credit Acceptance employees stay with the company for 4-8 years which is the same as the industry average.
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How does Credit Acceptance rank for age & gender diversity?
Gender ratio at Credit Acceptance: 62.4% Male and 37.6% Female. Age ratio at Credit Acceptance: 16-20: 0%, 21-30: 39%, 31-40: 42%, 41-50: 16%, 51-60: 3%, 60+: 0%. Credit Acceptance rates - 7.6% more female than the industry average. Most Credit Acceptance employees are 31-40, which is on par with the industry median age range.
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Career advancement

How does Credit Acceptance rank for career advancement?
Career advancement at Credit Acceptance: high. Credit Acceptance ranks high for career advancement which is above the industry average.
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What companies do Credit Acceptance employees go on to work at?
Future employers of Credit Acceptance: Ally, Beaumont Health, Blue Cross Blue Shield of Michigan, Capital One, Ford Motor Company. People who work at Credit Acceptance most typically go on to work for the Ally.
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Ally
Beaumont Health
Blue Cross Blue Shield of Michigan
Capital One
Ford Motor Company

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Credit Acceptance Reviews and Ratings

Have some insight of Credit Acceptance?
Get the scoop on what others who have experience with Credit Acceptance think of working there or join the conversation by leaving a review.
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Area Account Manager
Danville, VA - June 23, 2021
Area manager
5.0
Ratings
5
Professional growth
5
Salary & Benefits
5
Work-Life balance
5
Recognition & Support
5
Culture and Values
Great Company, plenty of training offered and great management support. Exciting and fun meetings with excellent locations.

Pros and Cons
Experience
A lot of travel
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Senior Collector
Henderson, NV - March 4, 2021
nice place
3.4
Ratings
3
Professional growth
4
Salary & Benefits
3
Work-Life balance
3
Recognition & Support
4
Culture and Values
this is an ok company with good benefits but management is not on the same page Starting pay is average but you can earn bonus if you work hard

Pros and Cons
good benefits- work from home
micro managed and not on same page
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Discussion about Credit Acceptance

Want to know more about Credit Acceptance?
Share your thoughts and ideas about Credit Acceptance with others in our community.
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What’s the stock symbol of Credit Acceptance?
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Benjamin Gardner3 years ago
CACC.
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What’s the gender distribution at Credit Acceptance?
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Isabella Holmes3 years ago
37.6% female, 62.4% male.
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When was Credit Acceptance established?
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Benjamin Gardner3 years ago
1972.
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What industry does Credit Acceptance operate in?
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Benjamin Gardner3 years ago
Accounting/Finance.
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How much revenue does Credit Acceptance generate?
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Isabella Holmes3 years ago
$1b to 2b.
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what are the chances of career advancement at Credit Acceptance?
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Benjamin Gardner3 years ago
high.
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What’s the average length of tenure at Credit Acceptance?
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Liam Brown3 years ago
Typically 4-8 year(s).
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what kind of companies did Credit Acceptance employees work for?
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Isabella Holmes3 years ago
Large companies before Credit Acceptance.
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where do employees go to work after leaving Credit Acceptance?
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Sophie Hayes3 years ago
Most went to work for one of these companies: Ally, Beaumont Health, Blue Cross Blue Shield of Michigan, Capital One, Ford Motor Company, OneMagnify, Quicken Loans, TD Auto Finance
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Where did employees work before joining Credit Acceptance?
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Benjamin Gardner3 years ago
Allegis Global Solutions, Asset Acceptance Capital Corp, Encore Capital Group, Flagstar Bank, Ford Motor Company, PwC, Quicken Loans, Verizon.
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What’s the average age at Credit Acceptance?
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Isabella Holmes3 years ago
i think it’s 31-40, 21-30.
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Where did most of Credit Acceptance employees go to school?
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Liam Brown3 years ago
Central Michigan University, Eastern Michigan University, Michigan State University, Oakland University, Wayne State University.
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Isabella Holmes Career Advocate
Isabella Holmes
Career Advocate
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