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We get to see hedge funds' thoughts towards the market and individual stocks by aggregating their quarterly portfolio movements and reading their investor letters. In this article, we will particularly take a look at what hedge funds think about Credit Acceptance Corp. (NASDAQ: CACC ).What does credit acceptance mean?
The Credit Acceptance program allows dealers to structure contracts with extended payment terms for eligible customers with bad credit or no credit, keeping payments affordable and enabling customers to finance newer, lower mileage cars. Credit Acceptance does business in all 50 states. Dealers of all types across the country have found success ...