Arizona Joins Multistate Settlement with Auto Lender over Consumer Loan Practices

Arizona joins multistate settlement with auto lender over consumer loan practices

Arizona has joined a multistate settlement with Credit Acceptance Corporation, a major auto lender serving consumers with limited or damaged credit histories. The agreement resolves allegations that the company financed vehicle loans that borrowers could not reasonably afford and failed to adequately prevent dealers from adding unwanted service contracts and other products to loan agreements. […]

Attorney General Brown co-leads $694 million multistate settlement with subprime auto lender Credit Acceptance Corporation

BALTIMORE, Md. — Maryland Attorney General Anthony G. Brown, co-leading a coalition of 41 states and the District of Columbia, announced a $694 million settlement Thursday with Credit Acceptance Corporation over allegations that the major subprime auto lender lured borrowers into unaffordable car loans. The settlement, set to take effect Nov. 2, provides $64 million […]

State AG News: Deceptive Practices, Consumer Fraud, Environmental Policy (September 10-17, 2026)

Each week, Crowell & Moring’s State Attorneys General team highlights significant actions that State AGs have taken. See our State Attorneys General page for more insights. Below are the updates from September 10-17, 2026: Multistate Arizona Massachusetts Minnesota New York Washington

Attorney General Jay Jones Announces $694 Million Settlement with Subprime Auto Lender Credit Acceptance Corporation

RICHMOND, VA (VR) – Attorney General Jay Jones announced that Virginia, along with the attorneys general for 40 other states, has entered into a settlement with Credit Acceptance Corporation (CAC) providing $694 million in cash and debt relief to consumers in connection with their car loans. CAC is one of the nation’s largest auto finance […]