Credit Acceptance Corp. consumer loan assignment volume jumps 31%

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Subprime lender Credit Acceptance Corp. logged a second straight quarter of consumer loan assignment volume increases following five quarters of declines.   Dollar volumes grew 32.1% year over year, and unit volumes grew 29.3% YoY, according to the lender’s Q3 earnings report. The increases were largely driven by a 12.6% YoY increase in the number of […]





Source : AutoFinanceNews