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Consumer Financial Protection Bureau et al v. Credit Acceptance Corporation
Case Number:
1:23-cv-00038
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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.