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People of The State of New York v. Credit Acceptance Corporation
Case Number:
1:23-cv-00038
Court:
Nature of Suit:
Judge:
Firms
Companies
Government Agencies
Sectors & Industries:
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April 25, 2025
CFPB Plans Exit From Auto Finance Suit, Leaving It To NY
The Consumer Financial Protection Bureau has moved to withdraw from a predatory lending lawsuit it brought jointly with the state of New York against subprime auto lender Credit Acceptance Corp., marking another pullback in a series of enforcement retreats by the agency.
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October 01, 2024
CFPB, NY Pan Subprime Auto Lender's 'Attempt To Distract'
The Consumer Financial Protection Bureau and the state of New York have fired back at subprime auto lender Credit Acceptance Corp.'s bid to exit its predatory lending lawsuit in New York federal court, slamming its move as a Wizard of Oz-like effort to escape scrutiny "behind the curtain."
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August 07, 2023
CFPB's Subprime Auto Lender Suit Halted For Funding Ruling
A Manhattan federal judge on Monday halted a predatory lending lawsuit that the Consumer Financial Protection Bureau and state of New York have been pursuing against a major subprime auto lender, putting their case on ice while the U.S. Supreme Court weighs the CFPB's fate in a separate case.
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March 15, 2023
Subprime Auto Lender Wants 'Baseless' CFPB Suit Scrapped
One of the nation's largest subprime auto lenders asked a New York federal judge to toss a suit brought by the Consumer Financial Protection Bureau and the New York attorney general that alleges the company lured consumers into unaffordable loans and dumped the resulting notes on unsuspecting investors.
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January 04, 2023
CFPB, NY Sue Subprime Auto Lender Over 'Predatory' Loans
The Consumer Financial Protection Bureau and New York's attorney general sued one of the nation's largest subprime auto lenders in Manhattan federal court on Wednesday, accusing the company of luring consumers into unaffordable loans and dumping the resulting notes on unsuspecting investors.