885550--3/14/2008--CREDIT_ACCEPTANCE

related topics

{condition, economic, financial}

{financial, litigation, operation}

{personnel, key, retain}

{debt, indebtedness, cash}

{cost, regulation, environmental}

Requirements under credit facilities to meet financial and portfolio performance covenants. Interest rate fluctuations may adversely affect our borrowing costs, profitability and liquidity. The substantial regulation to which we are subject could result in potential liability. Adverse changes in economic conditions, or in the automobile or finance industries or the non-prime consumer market, could adversely affect our financial position, liquidity and results of operations and our ability to enter into future financing transactions. Litigation we are involved in from time to time may adversely affect our financial condition, results of operations and cash flows. We are dependent on our senior management and the loss of any of these individuals or an inability to hire additional personnel could adversely affect our ability to operate profitably.

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885550--3/14/2008--CREDIT_ACCEPTANCE_CORPORATION