BusinessNews brief
Credit Acceptance Corp to forgive hundreds of millions in debt to resolve consumer protection case
Credit Acceptance Corp will pay $75.5 million, forgive more than $630 million of consumer debt, and reform its lending practices to resolve allegations by most U.S. state attorneys general that the subprime auto lender violated various consumer protection laws, Minnesota Attorney General Keith Ellison said on Thursday.
Sources and context
ReutersSource headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-09-18. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.