Finance Insurance

N.Y., CFPB sue Credit Acceptance, allege unaffordable, misleading loans

Rohit Chopra
CFPB Director Rohit Chopra: "Credit Acceptance obscured the true cost of its loans to car buyers, leading to severe financial distress for borrowers and subjecting them to aggressive debt collection tactics." (BLOOMBERG)
JH
By:
John Huetter
January 05, 2023 12:05 PM

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