Category
Finance Insurance
N.Y., CFPB sue Credit Acceptance, allege unaffordable, misleading loans
Share
Expand
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)
Author
By:
John Huetter
January 05, 2023 12:05 PM
Featured Stories
Title
Toyota snaps losing streak; Honda, Hyundai, Kia sales jump behind strong hybrid, EV volume
Image
Title
Embattled Nissan asks profit-starved U.S. retailers for ‘patience and understanding’ in Thanksgiving weekend memo
Image
Title
As CEO Tavares leaves Stellantis, market speculates on successor
Image
Title
Jaguar shows future design direction on Type 00 concept
Image