{"filing":{"accession_number":"0000885550-26-000147","cik":"0000885550","ticker":"CACC","company_name":"CREDIT ACCEPTANCE CORP","form":"8-K","filing_date":"2026-06-15","report_date":null,"primary_document":"cacc-20260609.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/885550/000088555026000147/cacc-20260609.htm"},"events":[{"id":10989,"run_id":9632,"accession_number":"0000885550-26-000147","anchor_item_number":"2.03","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.6,"summary":"Credit Acceptance amended its existing revolving credit facility, extending the maturity by one year to June 22, 2029, and reducing the interest rate by 22.5 basis points on the $270.5 million outstanding balance. This refinancing improves the company's borrowing terms and liquidity position.","company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","filing_date":"2026-06-15","form":"8-K","submitted_at":null,"items":[{"id":7457,"accession_number":"0000885550-26-000147","item_number":"1.01","item_title":"Entry Into a Material Definitive Agreement.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 1.01 indicates entry into a material definitive agreement, but the actual substance is incorporated by reference from Item 2.03 (Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement), which is not provided in this excerpt. Without visibility into Item 2.03's content, the specific event type cannot be determined—it could relate to debt covenant issues, financing arrangements, or other financial obligations. Classified as other_material pending review of the referenced Item 2.03.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T20:02:38.029217+00:00","company_name":"","ticker":null,"filing_date":""},{"id":7458,"accession_number":"0000885550-26-000147","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.65,"reasoning":"This disclosure reports an amendment to an existing credit facility that extends the revolving line maturity by one year (to June 22, 2029) and reduces the interest rate by 22.5 basis points. While Item 2.03 is technically the filing vehicle, the substance is a refinancing/amendment of existing debt rather than creation of a new direct financial obligation. The rate reduction and maturity extension are favorable terms that would interest investors, but the event does not fit cleanly into the more specific taxonomy categories (covenant_breach, dilutive_issuance, ma_activity, etc.). The $270.5 million outstanding balance and improved borrowing terms are material to a reasonable investor assessing the company's liquidity and cost of capital.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T20:02:38.029217+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":10990,"run_id":9632,"accession_number":"0000885550-26-000147","anchor_item_number":"8.01","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"summary":"The company issued a press release on June 9, 2026 regarding a material transaction, but the specific nature of the transaction is not detailed in the Item 8.01 excerpt provided and would require review of the attached exhibit.","company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","filing_date":"2026-06-15","form":"8-K","submitted_at":null,"items":[{"id":7459,"accession_number":"0000885550-26-000147","item_number":"8.01","item_title":"Other Events.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"The filing discloses a press release issued on June 9, 2026 regarding \"this transaction,\" but the Item 8.01 excerpt provided does not specify the nature of the transaction itself. Without access to the actual press release (Exhibit 99.1), the specific event type cannot be determined with confidence. The reference to \"transaction\" suggests a material event, but it could be earnings-related, M\u0026A activity, executive changes, or another material disclosure. Classified as other_material pending review of the exhibit.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T20:02:38.029217+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":7457,"accession_number":"0000885550-26-000147","item_number":"1.01","item_title":"Entry Into a Material Definitive Agreement.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 1.01 indicates entry into a material definitive agreement, but the actual substance is incorporated by reference from Item 2.03 (Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement), which is not provided in this excerpt. Without visibility into Item 2.03's content, the specific event type cannot be determined—it could relate to debt covenant issues, financing arrangements, or other financial obligations. Classified as other_material pending review of the referenced Item 2.03.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T20:02:38.029217+00:00","company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","filing_date":"2026-06-15"},{"id":7458,"accession_number":"0000885550-26-000147","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.65,"reasoning":"This disclosure reports an amendment to an existing credit facility that extends the revolving line maturity by one year (to June 22, 2029) and reduces the interest rate by 22.5 basis points. While Item 2.03 is technically the filing vehicle, the substance is a refinancing/amendment of existing debt rather than creation of a new direct financial obligation. The rate reduction and maturity extension are favorable terms that would interest investors, but the event does not fit cleanly into the more specific taxonomy categories (covenant_breach, dilutive_issuance, ma_activity, etc.). The $270.5 million outstanding balance and improved borrowing terms are material to a reasonable investor assessing the company's liquidity and cost of capital.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T20:02:38.029217+00:00","company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","filing_date":"2026-06-15"},{"id":7459,"accession_number":"0000885550-26-000147","item_number":"8.01","item_title":"Other Events.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"The filing discloses a press release issued on June 9, 2026 regarding \"this transaction,\" but the Item 8.01 excerpt provided does not specify the nature of the transaction itself. Without access to the actual press release (Exhibit 99.1), the specific event type cannot be determined with confidence. The reference to \"transaction\" suggests a material event, but it could be earnings-related, M\u0026A activity, executive changes, or another material disclosure. Classified as other_material pending review of the exhibit.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T20:02:38.029217+00:00","company_name":"CREDIT ACCEPTANCE CORP","ticker":"CACC","filing_date":"2026-06-15"}]}