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  <TITLE> CREDIT ACCEPTANCE CORPORATION (Form: 8-K) </TITLE>
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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	March 21, 2007
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  	CREDIT ACCEPTANCE CORPORATION
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Michigan
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  	000-20202
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  	38-1999511
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	25505 West Twelve Mile Road, Suite 3000, Southfield, Michigan
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  	48034-8339
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  _________________________________<BR>
  	(Address of principal executive offices)
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  	&nbsp;
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  ___________<BR>
  	(Zip Code)
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  	Registrant&#146;s telephone number, including area code:
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  	248-353-2700
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:</FONT>
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  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  <B>
  	Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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  On March 21, 2007, the Board of Directors (the "Board") of Credit Acceptance Corporation (the "Company") nominated and appointed Scott J. Vassalluzzo to fill the Board vacancy created by the March 15, 2007 resignation of Harry Craig. <br><br>Mr. Vassalluzzo is a General Partner at Prescott Investors, Inc., a private investment firm.  Mr. Vassalluzzo joined Prescott Investors in 1998 as an equity analyst and became a General Partner in 2000.  Prior to 1998, Mr. Vassalluzzo worked in public accounting.<br><br>As of March 20, 2007, Mr. Vassalluzzo beneficially owned 4,132,746 of the Company&#x2019;s common stock, including 4,092,746 shares beneficially owned in his capacity as investment manager for certain managed accounts. <br><br>There are no arrangements or understandings between Mr. Vassalluzzo and the Company or any other persons pursuant to which he was selected as a director. There are no transactions or proposed transactions to which the Company was or is a party in which Mr. Vassalluzzo has a direct or indirect material interest.  Mr. Vassalluzzo is expected to be appointed to serve on the Audit Committee of the Board, the Executive Compensation Committee, and the Nominating Committee.  Mr. Vassalluzzo will be compensated as a director pursuant to the Company&#x2019;s compensation policy for non-employee directors and is not receiving any compensation in connection with his appointment to the Board.<br>
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  	Item 9.01 Financial Statements and Exhibits.
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  (c) Exhibits.<br>	<br>	99.1 	 Press release dated March 21, 2007.<br>
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  	SIGNATURES
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  	Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
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  	CREDIT ACCEPTANCE CORPORATION
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  	&nbsp;&nbsp;
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  <I>
  	March 21, 2007
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  	By:
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  <I>
  	/s/ Kenneth S. Booth
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  	&nbsp;
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  <I>
  	Name: Kenneth S. Booth
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  <I>
  	Title: Chief Financial Officer
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  	Exhibit&nbsp;Index
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  	Exhibit No.
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  	Description
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  	99.1
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  	&nbsp;
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  Press release dated March 21, 2007.
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_19076.htm", "description": "LIVE FILING", "secsgml_size_bytes": 11280}]
metadata_filer: {"company-data": {"conformed-name": "CREDIT ACCEPTANCE CORPORATION", "cik": "0000885550", "assigned-sic": "6141", "irs-number": "381999511", "state-of-incorporation": "MI", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-20202", "film-number": "07709747"}, "business-address": {"street1": "25505 W TWELVE MILE RD", "street2": "STE 3000", "city": "SOUTHFIELD", "state": "MI", "zip": "48034-8334", "phone": "8103532700"}, "mail-address": {"street1": "25505 WEST TWELVE MILE ROAD", "street2": "SUITE 3000", "city": "SOUTHFIELD", "state": "MI", "zip": "48034-8334"}}
text: CREDIT ACCEPTANCE CORPORATION (Form: 8-K)
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 20549
  FORM 8-K
  CURRENT REPORT
  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  Date of Report (Date of Earliest Event Reported):
  March 21, 2007
  CREDIT ACCEPTANCE CORPORATION
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Michigan
  000-20202
  38-1999511
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  25505 West Twelve Mile Road, Suite 3000, Southfield, Michigan
  48034-8339
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  248-353-2700
  Not Applicable
  ______________________________________________
  Former name or former address, if changed since last report
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:
  [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
  On March 21, 2007, the Board of Directors (the "Board") of Credit Acceptance Corporation (the "Company") nominated and appointed Scott J. Vassalluzzo to fill the Board vacancy created by the March 15, 2007 resignation of Harry Craig.
  Mr. Vassalluzzo is a General Partner at Prescott Investors, Inc., a private investment firm.  Mr. Vassalluzzo joined Prescott Investors in 1998 as an equity analyst and became a General Partner in 2000.  Prior to 1998, Mr. Vassalluzzo worked in public accounting.
  As of March 20, 2007, Mr. Vassalluzzo beneficially owned 4,132,746 of the Company's common stock, including 4,092,746 shares beneficially owned in his capacity as investment manager for certain managed accounts.
  There are no arrangements or understandings between Mr. Vassalluzzo and the Company or any other persons pursuant to which he was selected as a director. There are no transactions or proposed transactions to which the Company was or is a party in which Mr. Vassalluzzo has a direct or indirect material interest.  Mr. Vassalluzzo is expected to be appointed to serve on the Audit Committee of the Board, the Executive Compensation Committee, and the Nominating Committee.  Mr. Vassalluzzo will be compensated as a director pursuant to the Company's compensation policy for non-employee directors and is not receiving any compensation in connection with his appointment to the Board.
  Item 9.01 Financial Statements and Exhibits.
  (c) Exhibits.
  99.1 	 Press release dated March 21, 2007.
  Top of the Form
  SIGNATURES
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
  CREDIT ACCEPTANCE CORPORATION
  March 21, 2007
  By:
  /s/ Kenneth S. Booth
  Name: Kenneth S. Booth
  Title: Chief Financial Officer
  Top of the Form
  Exhibit Index
  Exhibit No.
  Description
  99.1
  Press release dated March 21, 2007.