CFPB and New York Attorney General Sue Credit Acceptance for Hiding Auto Loan Costs, Setting Borrowers Up to Fail

Ethel Walsh

WASHINGTON, D.C. – Right now, the Shopper Money Safety Bureau (CFPB) and the New York Condition Business of the Attorney Typical sued a predatory automobile loan provider, Credit score Acceptance Corporation, for misrepresenting the charge of credit score and tricking its prospects into significant-price tag financial loans on applied automobiles. […]