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Credit Acceptance controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2026

    Credit Acceptance Corporation reaches settlement with New York Attorney General and 40 other states

    Settlement

    Credit Acceptance Corporation reached a settlement with the New York Attorney General and 40 other states. The settlement was intended to resolve litigation and an investigation involving the company. The event was reported as a resolution of the legal matters brought by the New York Attorney General together with the other participating states.

    Stated objective. To resolve litigation and investigation

    Source excerpt

    • Credit Acceptance Corporation Reaches Settlement with New York Attorney General and 40 Other States to Resolve Litigation and Investigation
  2. 2019

    Criticism and investigations concerning subprime lending

    Credit Acceptance received public criticism over alleged subprime-lending practices, repossessions, accounting transparency, and the difficulty of evaluating the performance of its loan book. Reference material also states that the U.S. Department of Justice and the Federal Trade Commission investigated the company. The available source does not provide a final determination for those investigations.