Credit Acceptance agrees to pay $75.5 million, waive some customer debt in multistate AG settlement

• Credit Acceptance reached consent judgments with the New York attorney general, ending a 2023 federal lawsuit tied to a multistate probe opened in 2020.
• Settlement calls for USD 60 million to a consumer relief fund, USD 15.5 million to participating states, debt waivers for certain customers.
• Consent terms add consumer disclosures on vehicle pricing, affordability protections, tighter dealer oversight requirements.
• Company expects no incremental financial statement charges beyond previously accrued amounts.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Credit Acceptance Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609171405PRIMZONEFULLFEED9829134) on September 17, 2026, and is solely responsible for the information contained therein.