/EIN News/ -- Southfield, Michigan, July 30, 2018 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been selected once again as one of Metropolitan Detroit’s Best and Brightest Companies to Work For®. Today’s announcement marks the seventh straight year that we have received this honor. The Best and Brightest Companies to Work For® award identifies and honors companies that demonstrate a commitment to excellence in their human resource practices and employee enrichment. Organizations are assessed based on categories such as communication, work-life balance, employee education, diversity, recognition, retention and more. To see the complete 2018 List of Metro Detroit’s Best and Brightest Companies to Work For®, visit 101bestandbrightest.com. About Credit Acceptance Since 1972, Credit … [Read more...] about Credit Acceptance Named to Metropolitan Detroit’s Best and Brightest Companies to Work For® List
July 11, 2018 By Ruth Furman To better serve a wider audience, Max Pawn has partnered with Credova Financial LLC to offer lines of credit. Max Pawn, which offers luxury goods including jewelry and designer handbags among its inventory, said customers would apply for in-store credit as they would in other shops, by having their credit scores and credit histories assessed. Max Pawn had already offered layaways to help customers plan purchases, but manager James McCracken said the new credit lines will eliminate waits. “Instead of putting a luxury handbag on layaway for five months or more, our customers will be able to apply for the credit line so they can walk out with the bag right then and there,” he said. “Our store will be paid immediately and the customer is responsible for paying Credova back based on the terms they agree to.” Credit lines are one of several new ways pawnshops are connecting with customers. A growing audience seems to be millennials. … [Read more...] about Max Pawn Offers New Credit Lines, Earns Honor
Kirk Smith/THE REVIEW Students plan to spend their summers in various ways. BY Hannah McKenzieSenior Reporter Warm weather has finally arrived on campus, a testament to the fact that summer might just be around the corner after all. As students attempt to stay afloat amidst endless assignments and exams, the lure of break, however tempting, is a source of motivation for individuals who have something to look forward to after many hours of studying. For some, summer vacation will be spent at home, catching up on much needed relaxation as well as time with family and friends. Others, however, have chosen to take advantage of the time away from campus to either earn course credits abroad or participate in professional internships. In just over a month, Lucy Davies, a sophomore nursing major, will be travelling to Peru through a university program geared toward students with majors in the College of Health Sciences. Davies is one of 13 students, eight of whom are nursing, participating … [Read more...] about Students plan to enjoy their summers earning course credits and professional experience – The Review
Kroger is considering expanding a ban on Visa credit cards imposed by one of its subsidiaries, in the latest signal that retailers are preparing a fresh battle over the $90 billion they pay in swipe fees every year. Merchants have long looked for ways to cut such charges, including by lobbying lawmakers for lower rates and through technology upgrades that avoid traditional card payments entirely. Shares of payment companies including Visa, American Express and Mastercard dropped on Monday. Kroger, the largest U.S. supermarket chain and parent company of King Soopers and City Market in the Colorado market, said its Foods Co. Supermarkets unit in California will stop accepting Visa cards at 21 stores and five fuel centers next month. Kroger spokesman Chris Hjelm said in an interview that the parent company might follow the lead. “It’s pretty clear we need to move down this path, and if we have to expand that beyond Foods Co., we’re prepared to take that step,” … [Read more...] about Credit-card backlash mounts as Kroger weighs expanding Visa ban
More than 30 million Americans left college in the past two decades without a degree. They gained credits but no credential. Many are just a few courses from finishing.A collective failure? Think of it as a tremendous economic opportunity.These "near-completers" have been called untapped fiscal super fuel, an easily identified resource that can help ensure the economy remains vibrant and nimble.By some estimates, nudging this cohort over the educational finish line could boost the nation’s annual incomes by more than $110 billion.MORE: Go here for more Business News The group is massive, which may explain some of the breathlessness around its economic potential. In Florida, more than 1.3 million people between the ages of 25 and 55 have some college experience but no associate’s degree, according to the U.S. Census Bureau’s Current Population Survey. Add in anyone over 55 and the number swells to nearly 2.4 million, or more than 11 percent of the state’s … [Read more...] about 2.4 million Floridians have some college credit but no diploma. What would happen if they completed their degrees?