auto-news
Credit Acceptance Pays $710 Million to Settle Predatory Auto Lending Claims
One of America’s largest subprime auto lenders has agreed to a massive settlement over allegations that it put financially vulnerable drivers into loans they could not afford. Credit Acceptance Corporation reached agreements with New York, 39 other states, and Washington, D.C., on September 17, 2026. The overall settlement is valued at roughly $710 million when consumer […]
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