Credit Acceptance Corp - Company Profile
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Credit Acceptance Corp (CAC) is a provider of auto financing solutions. Diverse operational capability, comprehensive portfolio of auto finance program, and awards are a few of its key strengths, even as a strong reliance on third party, cost efficiency could be considered as a cause of concern. Emergence of FinTech companies, growing auto industry and short term outlook in the US could offer ample growth opportunities to the company. However, risks related to online identity theft and hacking, fluctuation in interest rates, and operational risks could have an adverse impact on the growth of the company.
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