SOUTHFIELD, Mich. -

Since Credit Acceptance Corp., is planning to purchase up to 637,420 shares of its outstanding common stock later this month, the company offered some operating results for the two months of the year as the industry navigated through the peak of tax season.

Credit Acceptance reported this week that the company enjoyed an 18.1-percent jump in originations above what the finance company posted in January and February of last year. The company originated 39,423 contracts, up from 33,367 deals during the same span a year ago.

Officials added the dollar volume of the contracts they book in January and February also spiked 20.1 percent.

“We believe a delay in federal income tax refunds in 2013 contributed to the decline in unit and dollar volumes during the first quarter of 2013 and may have also contributed to the increase in unit and dollar volumes during the two months ended Feb. 28,” officials said.

The company’s active dealer base also jumped during the first two months of this year. After January and February of last year, Credit Acceptance had 3,822 active dealers in its network. Following the first two months of this year, that amount jumped 17.2 percent to 4,480.