CACC News & Events

Credit Acceptance (CACC) announced that Steffen Schumann has joined the company as chief business officer, reporting to CEO Vinayak Hegde. In this newly created role, Schumann's responsibilities will include leading enterprise business planning, pricing strategy, advanced analytics, and the continued evolution of dealer scorecarding and enterprise performance frameworks. Before joining Credit Acceptance, Schumann spent more than two decades at Deutsche Telekom and T-Mobile (TMUS). He most recently held the role senior VP, consumer marketing.

Reports Q4 revenue $579.9M, consensus $585.37M. "We are pleased to announce sequential growth in our financial results in the fourth quarter of 2025," said Vinayak Hegde, CEO of Credit Acceptance. "These results, despite declines in loan volumes and loan performance, underscore the resilience of our business model and our ongoing commitment to our mission of maximizing intrinsic value and changing the lives of our customers."