GlobeNewswire Inc | Jul 19, 2021 04:02PM EDT

July 19, 2021

Southfield, Michigan, July 19, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the Company, Credit Acceptance, we, our, or us) has earned an award based on rankings released by Great Place to Work and FORTUNE.

For the fifth time, weve been recognized as one of the best workplaces for millennials. Credit Acceptance was named #82 on the 2021 List of 100 Best Workplaces for Millennials based on the answers of millennial-aged employees who responded to the Trust Index survey last year. The 100 Best Workplaces for Millennials ranking is one of a series of rankings by Great Place to Work and FORTUNE.

This is the fifth workplace award that weve received this year as we also received:

-- Best Workplaces in Financial Services & Insurance (last seven years in a row) -- 2021 Top Workplaces USA Award -- 2021 Nevada Top Workplaces (last two years in a row)

-- Computerworlds Best Places to Work in IT (seven-time winner)

About Credit Acceptance

Since 1972, Credit Acceptance has offered financing programs 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 The Best Workplaces for Millennials

Great Place to Work selected the Best Workplaces for Millennials by gathering and analyzing confidential survey responses from more than 5.3 million employees at Great Place to Work-Certified organizations. Company rankings are derived from 60 employee experience questions within the Great Place to Work Trust Index survey.

Investor Relations: Douglas W. BuskChief Treasury Officer(248) 353-2700 Ext. 4432IR@creditacceptance.com