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Credit Acceptance Announces Second Quarter 2010 Earnings

SOUTHFIELD, Mich. — Credit Acceptance Corporation announced consolidated net income of $49.0 million, or $1.55 per diluted share, for the three months ended June 30, 2010 compared to consolidated net income of $36.2 million, or $1.15 per diluted share, for the same period in 2009.

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Credit Acceptance Announces Second Quarter 2010 Earnings

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Credit checks fall, defaults jump: Veda

New Zealand credit inquiries fell 10.4% in the first six months of 2010 compared with the same period last year while defaults jumped 18.3%, says credit information company Veda Advantage.

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Credit checks fall, defaults jump: Veda