Credit Acceptance Honored for the 11th Time as a Best Place to Work in IT by Computerworld
Rhea-AI Summary
Credit Acceptance (Nasdaq: CACC) was named one of the Best Places to Work in IT by Computerworld on Dec. 10, 2025, marking the company's 11th year on the list.
Credit Acceptance ranked #2 among midsize companies, up six spots year-over-year. The company credited Engineering-led modernization, expanded automation, and integration of AI for gains in system reliability, speed, and performance, plus new digital platforms and pilot solutions to streamline support and operations.
This award is one of twelve workplace recognitions this year, including placement on multiple 2025 lists from Fortune, Top Workplaces, PEOPLE, and others.
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News Market Reaction
On the day this news was published, CACC gained 0.49%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
CACC was up 3.16% pre-news while peers like UPST (+6.03%), SLM (+4.27%), and OMF (+3.89%) also rose, suggesting broader strength in credit services, though momentum scanners did not flag a coordinated sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 17 | Workplace recognition | Positive | +0.6% | Michigan Top Workplace ranking with strong remote-first culture emphasis. |
| Nov 13 | Asset-backed financing | Positive | +0.2% | Completion of $500M non-recourse asset-backed financing for auto loans. |
| Oct 30 | Quarterly earnings | Negative | -1.5% | Q3 2025 results with loan growth but weaker assignments and collections outlook. |
| Oct 28 | CEO transition | Negative | -1.8% | Announcement of CEO retirement and appointment of new CEO and president. |
| Oct 23 | Earnings webcast timing | Neutral | +1.3% | Scheduling announcement for Q3 2025 earnings release and webcast. |
Recent news has generally produced modest price moves, with workplace and corporate updates tending to align with sentiment, while the latest earnings release showed a negative divergence.
Over the last few months, Credit Acceptance has mixed operational, financing, and corporate governance developments. A Q3 2025 earnings report showed higher net income but drew a negative price reaction. The company completed a $500.0M asset-backed financing and announced a CEO transition effective November 13, 2025. Multiple workplace awards, including a Michigan Top Workplace on Nov 17, 2025, drew small positive moves. Today’s IT workplace recognition fits this pattern of culture-focused accolades alongside ongoing financial and leadership changes.
Market Pulse Summary
This announcement highlights Credit Acceptance’s sustained IT and workplace strength, with an 11th Computerworld Best Places to Work in IT recognition and multiple 2025 culture awards, including Fortune’s #34 100 Best Companies ranking. These accolades complement earlier updates on financing, earnings, and a CEO transition. Investors may watch how ongoing technology modernization, AI integration, and leadership changes interact with loan portfolio performance and future earnings disclosures.
Key Terms
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AI-generated analysis. Not financial advice.
Southfield, Michigan, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named one of the Best Places to Work in IT by Computerworld for the 11th year. Credit Acceptance ranked #2 among midsize companies, up six spots from last year. This award recognizes companies with comprehensive tech-led strategies that foster an inclusive, supportive, and growth-oriented workplace.
“This year, our Engineering team led meaningful, transformative change. We made major progress modernizing our foundational technologies and integrating AI to better support our customers and team members,” said Ravi Mohan, Chief Technology Officer. “By strengthening our core platforms, expanding automation, and bringing new ideas to life, we’re delivering value faster, improving the experience for those we serve, and fueling business growth in service of our mission to make vehicle ownership possible for everyone.”
These advancements resulted in significant gains in the reliability, speed, and overall performance of our technology. We boosted system stability to ensure our tools are ready when customers need them and introduced AI capabilities that streamline support and reduce time spent on routine tasks. Through close collaboration across teams, we also launched new digital platforms and piloted innovative solutions that simplify work and enhance service. Together, these improvements are helping us deliver a faster, more seamless experience for everyone.
This is the twelfth workplace award we have received this year, including reaching #34 on Fortune’s 2025 100 Best Companies to Work For® list, #2 on the 2025 Top Workplaces USA list, #4 on the 2025 Top Workplaces in Financial Services list, #44 on the PEOPLE Magazine’s 100 Companies That Care® list, #1 on the 2025 Top Workplaces for Remote Work list, and #11 on Fortune’s Best Workplaces for Women™ list.
About Credit Acceptance
We make vehicle ownership possible by providing innovative financing solutions that enable automobile dealers 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 financing programs, but who actually end up qualifying for traditional financing.
Without our financing programs, consumers are often unable to purchase vehicles, or they purchase unreliable ones. Further, as we report to the three national credit reporting agencies, an important ancillary benefit of our programs is that we provide 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 Stock Market under the symbol CACC. For more information, visit creditacceptance.com.
About Computerworld
Computerworld is the leading technology media brand empowering enterprise users and their managers, helping them create business advantage by skillfully exploiting today's abundantly powerful web, mobile, and desktop applications. Computerworld also offers guidance to IT managers tasked with optimizing client systems—and helps businesses revolutionize the customer and employee experience with new collaboration platforms. Computerworld's award-winning website (www.computerworld.com), strategic marketing solutions and research forms the hub of the world's largest global IT media network and provides opportunities for IT vendors to engage this audience. Computerworld is published by Foundry.
Investor Relations: Jay Brinkley Senior Vice President & Treasurer (248) 353-2700 Ext. 6739 IR@creditacceptance.com
FAQ
What did Credit Acceptance (CACC) announce on December 10, 2025 regarding IT workplace recognition?
Why did Credit Acceptance say it earned the Computerworld Best Places to Work in IT honor (CACC)?
How did Credit Acceptance's Computerworld ranking change from last year (CACC)?
What other workplace recognitions did Credit Acceptance (CACC) list for 2025?
Does the Computerworld recognition affect Credit Acceptance's (CACC) technology strategy or customer experience?
