He characterized the effort as designed to “eliminate friction” and make working with Credit Acceptance faster inside dealer workflows. During the quarter, Credit Acceptance financed nearly 72,000 contracts, collected $1.3 billion, and paid $48 million in dealer holdback and accelerated dealer holdback. About Credit Acceptance (NASDAQ:CACC)Credit Acceptance Corporation, founded in 1972 and headquartered in Southfield, Michigan, is a specialty finance company focused on the indirect automotive lending market. By purchasing retail installment contracts originated by these dealers, Credit Acceptance provides capital and credit insurance to support vehicle sales, enabling dealers to broaden their customer base and reduce credit risk. Through its proprietary underwriting platform and risk management strategies, Credit Acceptance evaluates borrower applications, structures credit plans, and retains servicing rights on the acquired contracts.