Car loans

Several states are investigating a major company for alleged predatory auto loans

By Fred K. Taylor

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Credit Acceptance, one of the nation’s largest subprime auto lenders, specializes in lending to people with bad credit. With nearly $2 billion in revenue last year, the company’s shares have soared during the pandemic. Now accepting credit is accused of predatory lending practices. A spokeswoman for the company told NBC News that it intends to vigorously defend itself in court.April 30, 2021

  • FOLLOWING

    Russian soldiers fled Chernobyl after suffering from acute radiation sickness

    01:44

  • Staten Island Amazon warehouse workers unionize

    01:37

  • Oscars top producer reveals why Smith was allowed to stay

    01:32

  • The new normal for Ukrainian refugees in Poland

    01:45

  • Russian officials say Ukraine launched cross-border attack

    02:26

  • Unemployment rate drops in March but soaring inflation still wipes out all wage gains

    01:38

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Fred K. Taylor
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