Credit Acceptance Corporation Extends Revolving Credit Facility

Credit Acceptance Corporation has amended its Sixth Amended and Restated Credit Agreement, extending the maturity date of its revolving secured line of credit facility from June 22, 2028, to June 22, 2029. The interest rate on borrowings under the facility has been reduced from SOFR plus 197.5 basis points to SOFR plus 175 basis points. As of June 9, 2026, the outstanding balance under the facility was $270.5 million. The amendment, effective June 9, 2026, involved multiple banks, with Fifth Third Bank, N.A. acting as the administrative agent. The total revolving credit commitment amounts to $390,000,000. This extension and rate adjustment are part of the company's ongoing financing strategy.