Subprime auto lender Credit Acceptance Corp.’s loan portfolio grew in the first quarter as collection rates stabilized. Credit Acceptance Corp. (CAC)’s consumer loan assignment volume grew 18.6% year over year on a dollar basis and 22.8% YoY on a unit basis to 89,821, according to Monday’s Q1 earnings release. The increase marks the lender’s fourth […]
Source : AutoFinanceNews
