 Southfield, Michigan, Feb. 18, 2021 GLOBE NEWSWIRE -- Credit Acceptance Corporation Nasdaq: CACC the Company, Credit Acceptance, we, our, or us announced today the completion of a 500.0 million asset-backed non-recourse secured financing the Financing. Pursuant to this transaction, we contributed loans having a value of approximately 625.1 million to a wholly-owned special purpose entity which will transfer the loans to a trust, which will issue three classes of notes: 