Credit Acceptance Corporation Announces Waiver Extension.SOUTHFIELD, Mich.--(BUSINESS WIRE)--Nov. 30, 1999-- Credit Acceptance Corporation (Nasdaq:CACC CACC Center for Animal Care and Control CACC Canadian Association for Community Care CACC Central Alabama Community College CACC Chilterns Association of Camera Clubs (United Kingdom) ) announced today that the waivers of non-compliance with the fixed charge coverage ratio in the agreements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the Company's senior notes and bank debt have been extended through December 10, 1999 to allow completion of longer term amendments to these agreements. The waivers were previously effective through November 30, 1999. Credit Acceptance Corporation is a specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. company which provides funding, receivables management, collection, sales training and related products and services to automobile dealers selling vehicles to consumers with limited access to traditional sources of consumer credit. |
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