×

Credit Acceptance Named as One of the 100 Best Workplaces for Millennials by Great Place to Work and Fortune

Southfield, Michigan, June 23, 2015 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ: CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") has been recognized as one of the best workplaces for millennials.

Credit Acceptance was named No. 18 on the list of 100 Best Workplaces for Millennials based on the evaluations of nearly 90,000 millennial-aged employees who were surveyed using the Trust Index©, Great Place to Work's employee assessment survey.

"I'm very proud of this accomplishment and thank those who participated in last year's GPTW Fortune survey for helping us earn this honor," said Brett Roberts, CEO.

To see the complete 2015 List of 100 Best Workplaces for Millennials, visit greatplacetowork.com.

About Credit Acceptance

Since 1972, Credit Acceptance has offered automobile dealers financing programs that enable them to sell vehicles to consumers, regardless of their credit history. Our financing programs are offered through a nationwide network of automobile dealers who benefit from sales of vehicles to consumers who otherwise could not obtain financing; from repeat and referral sales generated by these same customers; and from sales to customers responding to advertisements for our product, but who actually end up qualifying for traditional financing.

Without our financing programs, consumers are often unable to purchase a vehicle or they purchase an unreliable one. Further, as we report to the three national credit reporting agencies, an important ancillary benefit of our programs is that we provide a significant number of our consumers with an opportunity to improve their lives by improving their credit score and move on to more traditional sources of financing. Credit Acceptance is publicly traded on the NASDAQ under the symbol CACC. For more information, visit creditacceptance.com.

About The Best Workplaces for Millennials 2015

The 100 Best Workplaces for Millennials is a "best of the best" ranking. The winners come from the universe of companies with published Great Place to Work Reviews, meaning they are serious about creating a great workplace and comfortable with transparency. These companies either have proven to be great workplaces--earning a spot on the Fortune 100 Best Companies to Work For® list or the Best Small & Medium Workplaces list--or are dedicated to improving their cultures as shown by their willingness to survey employees and publish the results. Of the 465 companies with published Reviews recently surveyed using the Trust Index© Employee Survey, 315 surveyed at least 50 employees under age 35. Almost 90,000 millennial-aged employees from these companies completed the survey and answered 58 questions about how frequently they experience the behaviors that create a great workplace. This resulted in a total score for each company based entirely upon employee feedback. The Great Place to Work® Best Workplaces for Millennials 2015 ranking includes the best 100 companies ranked by these millennials' scores.

CONTACT: Investor Relations: Douglas W. Busk Senior Vice President and Treasurer (248) 353-2700 Ext. 4432 IR@creditacceptance.com Source:Credit Acceptance Corporation