Credit Acceptance Named One of the Best and Bright

Southfield, Michigan, Dec. 20, 2016 (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 and Brightest Companies to Work For ^® in the country. This is the fifth year in a row that Credit Acceptance has won this honor.

We were evaluated by the National Association for Business Resources (NABR), an independent research firm, which reviewed several key measures such as benefits, compensation, employee enrichment, employee education, communication, diversity, work-life balance and community initiatives.

To see the complete 2016 List of the Best and Brightest Companies to Work For ^® , visit 101bestandbrightest.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 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 and Brightest Programs

The Best and Brightest Companies to Work For ^® competition identifies and honors organizations throughout the nation that display a commitment to excellence in their human resource practices and employee enrichment. This competition scores potential winners by benchmarking them against other participants in their region and across the nation. This national program celebrates those companies that are making better business, creating richer lives and building stronger communities. There are numerous regional celebrations throughout the nation.

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