Automotive Credit Corporation (ACC) has made the decision to pause all credit originations indefinitely, effective immediately. ACC will no longer be accepting new credit applications or purchasing new retail installment contracts from its dealer network.
While this may come as unexpected news, this decision reflects a strategic realignment in light of current internal and external financial conditions and evolving company goals. This is not a closure of business, but a focused shift in direction.
“ACC has every intention to continue to service our portfolio for the future. We have no intentions to file bankruptcy or close our business. Between our current revenue, servicing fees, and reduction in costs and overhead, this will provide us with the opportunity to continue a strong, profitable business moving forward,” stated Lisa Soller, Vice President of Compliance, Automotive Credit Corporation.
ACC will continue to fund all complete contract packages that have been approved and physically received as of August 7, 2025, provided they pass the standard verification process. Anything received after August 7 will be returned immediately.
