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CAC finalizes settlement with Mass. AG for $27.2M

Subprime lender Credit Acceptance Corp. has finalized its settlement with Massachusetts Attorney General’s Office for $27.2 million over allegations that the lender engaged in unfair practices in its origination, collection and securitization processes. The settlement, “one of the largest of its kind,” according to Attorney General Maura Healey, ends a yearlong suit that began in […]



Source: on 2021-09-03 15:18:45

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